Market Report - US

US open: Jobs report, rising yields knock stocks lower

By Alexander Bueso

Date: Friday 10 Jan 2025

(Sharecast News) - Shares slumped in volatile trading on Wall Street following the release of a stronger-than-expected US non-farm payrolls report.
According to the US Department of Labor, hiring accelerated to a pace of 257,000 in December, easily beating economists' forecasts for a rise of 165,000.

As a result, as...

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