All three of the US market averages (^DJI, ^IXIC, ^GSPC) fell by over 1.5% each — the Nasdaq Composite and Dow Jones Industrial Average both declined by 1.63% — in response to December's jobs data reported this morning.

Wall Street on Friday erased all the gains made in the fledgling year, after a hotter-than-expected jobs report led to analysts and traders significantly dialing back their odds of further Federal Reserve rate cuts.

A double-shot of hot economic data sent bond yields spiking and the stock market falling as Wall Street continued to rethink the path forward for interest rates. The Bureau of Labor Statistics said November job openings rose to 8.

Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.

Larger-than-expected jump in nonfarm payrolls accelerates Treasury selloff as traders slash bets for Federal Reserve rate cuts.

U.S. stock futures were mostly rising Thursday after a surprise cooldown in a key inflation measure appeared to boost the chances that the Federal Reserve will cut interest rates at some point this year.

The S&P 500 index has pulled back in the past few weeks as investors focus on the bond market and its rising risks. The SPX fell to $5,827, its lowest level since November 2, and 4.50% from its highest level in 2024.

The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the U.

U.S. stocks sold off on Tuesday, while bonds were dumped after stronger-than-expected economic data. Read more here.

Stocks are more unaffordable than ever, according to one measure. It currently requires 208 hours of work to buy one unit of the S&P 500 index, a record in Leuthold Group data going back to 1947. The

Stock index futures pointed to a higher open Tuesday, but direction will likely be dictated by the producer price index out ahead of trading.

Bitcoin-Nasdaq correlation reached its highest level in two years, as the release of US inflation data bolstered digital asset performance. Bitcoin and US tech stocks now have a 30-day correlation coefficient of 0.70.