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  • Yahoo Finance Video

    Stock futures move lower on November jobs report

    Yahoo Finance’s Jared Blikre breaks down how stocks are trading following the November jobs report.

  • Business Insider

    US stocks fall as stronger-than-expected jobs report raises fears of continued Fed hawkishness

    Nonfarm payrolls increased by 263,000 in November, exceeding the expected 200,000 increase, dashing hopes of an easing monetary policy path.

  • CoinDesk

    Bitcoin Slips as US Economy Added a Strong 263K Jobs in November

    Checking traditional markets, Nasdaq futures have tumbled nearly 2% following the strong data and the 10-year Treasury yield has jumped 9 basis points to 3.6%. Index swaps are now pricing in a terminal fed funds rate of 4.95%, up from 4.6% a day ago. “The labor market, which is especially important for inflation … shows only tentative signs of rebalancing and wage growth remains well above levels that were consistent with 2% inflation over time,” Fed Chair Jay Powell said during an event at the Brookings Institution in Washington, D.C., on Wednesday.