US stocks drop as hot jobs report dampens rate-cut hopes and sends bond yields higher

None US stocks fell on Friday after the monthly jobs report came in stronger than expected. • None The economy added 199,000 jobs, and the unemployment rate fell to 3.7%. • None Bond yields jumped as the data dampened hopes for imminent rate cuts from the Fed. US stocks fell on Friday after a…#nonebond #treasury #chriszaccarelli #noneblackrock #noneoil

Source: Reuters: Health - December 8, 2023 Category: Consumer Health News Source Type: news