Jobs data stirs rate-hike jitters as stocks close lower and yields rise
TL;DR Summary
Stocks closed lower on Friday after stronger-than-expected jobs data boosted bets on a Fed rate hike and pushed Treasury yields up, but the S&P 500 and Nasdaq still posted weekly gains as AI-focused Magnificent Seven stocks helped support sentiment.
- Stock Market Today: Stocks close lower as strong jobs data stir rate-hike jitters; Treasury yields tick up MarketWatch
- The biggest August jobs beat in nearly 30 years may be less impressive than it looks: Chart of the Day Yahoo Finance
- Stocks Fall After Hot Jobs Report wsj.com
- Stock Market Skids After Strong Jobs Report; Trump Makes Trade Threat As CPI Data Looms Investor's Business Daily
- Wall Street Risk Complex Defies Rate Threat After Jobs Data Bloomberg.com
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