Market Midday: Stocks Plunge, Bond Yields Spike, Post-Electon Market Gains Wiped Out 1/10/25

The stock market is in turmoil as bond yields soar, raising alarms about interest rates and inflation. A strong jobs report adds to the anxiety, leaving investors uneasy. Meanwhile, catastrophic wildfires in Los Angeles are set to hit major insurance companies hard, leading to staggering losses. It's a wild ride from Wall Street to Main Street, affecting decisions about your money.