Tech Stocks Slide, Dollar Surges
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•US Politics
US Politics
Stock market today: Dow, S&P 500, Nasdaq futures sink amid cratered hopes for 2025 rate cuts
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82% Informative
Stocks are shaping up for another rough session after Friday 's plunge wiped out all year-to-date gains for Wall Street's major gauges.
A hot December jobs report has rattled markets, spurring concern that signs of strength in the economy will encourage the Federal Reserve to keep rates higher for longer.
The 10-year Treasury yield (^TNX) touched a 14-month high, and the 30-year yield neared 5% as US bonds sold off.
VR Score
87
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88
Neutral language
71
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