Stock Market Update
10-Jan-25 15:40 ET
Treasuries settle with losses after jobs report
Dow -710.10
at 41830.17,
Nasdaq -327.84
at 18984.42,
S&P -94.49
at 5795.86
[BRIEFING.COM] The major indices moved toward session lows in recent action.
Treasuries settled with losses after a strong jobs report for December. The 10-yr yield jumped nine basis points to 4.78% and the 2-yr yield surged 13 basis points to 4.40%. The 10-yr yield surged 18 basis points this week and the 2-yr yield settled 12 basis points higher than last Friday.
Looking ahead, Monday's calendar features the December Treasury Budget at 2:00 p.m. ET.
