Market Midday: Stocks Lower, Bond Yields Higher, Mortgage Rates At Their Highest Since last Summer 1/8/25

Stock markets are feeling the pinch as bond yields rise, creating a tricky situation for investors. January's performance might set the tone for the rest of the year. Meanwhile, the economy is grappling with job losses in manufacturing, yet some job market indicators remain strong. Witness the clash between natural disasters and soaring mortgage rates affecting demand. Plus, catch insights into the cultural trends shaping the entertainment landscape.