Dow tumbles more than 650 points following blowout jobs report

Biztoc.com - January 10, 2025

Dow tumbles more than 650 points following blowout jobs report

US stocks fell Friday after the December jobs report showed another month of strong employment, complicating the Federal Reserve’s rate-cutting campaign. The Dow dropped by more than 750 points, or 1.7%; while the S&P 500 fell by 1.8% and the tech-heavy Nasda…

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