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U.S. Stocks Decline as Strong Job Report Fuels Inflation Concerns

share-iconSaturday, January 11 comment-icon1 week ago 6 views
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reutersREUTERS
U.S. Stocks Decline as Strong Job Report Fuels Inflation Concerns

Credited from: REUTERS

  • U.S. stocks saw a **significant decline** on Friday, with the **S&P 500** erasing its gains for 2025, following a strong jobs report.
  • The **Dow Jones Industrial Average** lost **696.75 points**, or **1.63%**, while the **Nasdaq Composite** and **Russell 2000** also recorded losses.
  • Worries about inflation were exacerbated by job growth that outperformed expectations, shifting market predictions regarding **Federal Reserve** rate cuts.
  • The **30-year Treasury yield** hit **5%**, the highest since November 2023, indicating rising concerns among investors.
  • Consumer sentiment showed a decline, with only the **energy sector** managing a modest gain amidst the overall downturn.

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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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