Stocks slide as strong jobs report stokes rate-hike fears

Stocks are slipping and Treasury yields are jumping on Friday after a blowout US jobs report raised Wall Street’s expectations that the Federal Reserve may soon start raising interest rates sharply.added 467,000 jobs last month

Treasury yields leaped immediately following the jobs report’s release, tracking forecasts that the Fed will hike short-term interest rates more aggressively than earlier expected. The two-year yield, which tends to move with expectations for the Fed’s actions, jumped to its highest level since the start of the pandemic and is more than double what it was two months ago.

That’s why Wall Street has been so shaky over the last month, as investors rush to make moves to get ahead of the Fed. On one hand, higher rates will likely mean stock investors pay lower prices for each $1 of profit that a company produces. On the other, stock prices could remain resilient despite that if those corporate profits keep rising.

Facebook parent Meta slid another 2.3% as big-tech and other stocks seen as the most expensive have taken some of the hardest hits on Wall Street.Snapchat parent Snap soared 45%, and Pinterest gained 4% following their own earnings reports. An 11.8% leap for Amazon following a strong earnings report has helped to limit losses on the S&P 500.its auto production. Such supply-chain issues have been at the heart of the high inflation ripping around the world, and increases in prices at the U.S. consumer level are at a nearly 40-year high.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Market Insights: US Stocks Are In For A Bumpy Ride This 2022Inez Chow, Co-Head of Private Asset Management EAM, elaborates her take on the USStockmarket and China's economy.
Fonte: Luxuo - 🏆 571. / 51 Consulte Mais informação »

Facebook-parent Meta's big miss for earnings and guidance could hurt these rival stocks, analysts sayShares of Pinterest, Twitter and Snap were sliding in premarket trading on Thursday. Stop the scare campaigns and manipulation , the media always gets the market wrong for hidden reasons . DeleteFacebook Indian government should reduce taxes and attract large amount of crypto investments . 👉 30% tax should be in slab's. 👉 Loss should be carry forward 👉 TDS should be 0 👉 Crypto should not be consider in gambling category Please consider nsitharaman ReduceCryptoTax
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Stocks rise on Wall Street, extending their weekly gainsStocks closed higher on Wall Street Wednesday, putting major indexes on track to extend their weekly gains I always hated Bitcoin and thought it was a scam,till I met Allison_Grillo I made my withdrawal of $45,000 in 2 weeks thanks to Allison_Grillo Now am financially stable . Some months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn $50,000 now am financially stable. PSA: Even Spotify
Fonte: latimes - 🏆 11. / 82 Consulte Mais informação »

This way of picking value stocks has actually worked — and Berkshire Hathaway screens the bestValue stocks are still the way to play the rise in global interest rates. But what's the best way of picking them?
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Understanding Defensive StocksDefensive stocks tend to outperform the market during crashes because they offer essential goods or services that are needed in economic booms and recessions.
Fonte: DailyFX - 🏆 305. / 63 Consulte Mais informação »

European stocks falter, German 5-yr turns positive after ECB 'pivot'European stock indexes faltered on Friday, even after strong Amazon earnings, while a sell-off briefly pushed German 5-year bonds positive for the first time in four years after the European Central Bank was more hawkish than expected.
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »