Market Close: Stocks Plunge, Bond Yields Spike, Strong Jobs Report Sparks Fears Fed Won't Cut Rates 1/10/25

Stocks tumbled despite a strong jobs report, leaving investors puzzled. The rise in bond yields triggered concerns about the Federal Reserve's next moves. The discussion highlights robust job growth against a backdrop of rising mortgage rates. The airline sector showcases success stories, while challenges with new administration policies loom large. Corporate diversity initiatives are also touched upon as part of the broader economic landscape.