Stock index futures experienced a significant decline on Friday following the release of a surprisingly robust jobs report. The S&P 500 futures, Nasdaq 100 futures, and Dow futures all fell by 0.9%. This reaction was driven by the unexpected strength in the employment data. Additionally, the 10-year Treasury yield increased by 9 basis points, reaching 4.78%. Meanwhile, the 2-year yield also saw an uptick. These movements in the financial markets highlight the sensitivity of investors to economic indicators, particularly those related to employment and interest rates.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
