Stocks fall after a surprisingly strong jobs report raises prospects of an interest rate hike
Headline from WFMZ Allentown
Stocks fell on Wall Street and Treasury yields rose after a surprisingly strong report on the job market appeared to increase chances that the U.S. central bank could raise interest rates later this month. The S&P 500 lost 0.4% Friday.…
WFMZ Allentown's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Stocks are mostly lower in the early going on Wall Street and Treasury yields are higher after a surprisingly strong report on the job market appeared to increase chances that the U.S. central bank could raise interest rates later this month
Stocks fell on Wall Street and Treasury yields rose after a surprisingly strong report on the job market appeared to increase chances that the U.S. central bank could raise interest rates later this month. The S&P 500 lost 0.4% Friday.…
Stocks mostly fell on Friday on news that the US economy created far more jobs than expected last month, making it more likely the Federal Reserve would raise interest rates to rein in stubbornly high inflation.
