Market Close: Stocks Plunge, Bond Yields Spike, Strong Jobs Report Sparks Fears Fed Won't Cut Rates 1/10/25
CNBC Business News Update
00:00
Economic Trends and Market Reactions
This chapter examines the robust job growth in the economy while raising concerns over its impact on bond markets and Federal Reserve strategies. It also highlights the successes of specific companies in the airline sector, along with the challenges posed by rising mortgage rates and updates on corporate diversity initiatives.
Play episode from 01:33
Transcript
