Dow sheds 400 points as bond yields rise on strong jobs data

(Reuters) – The S&P and the Dow were headed for their worst week in two years on Friday, as robust U.S. jobs data pushed up bond yields further and boosted chances of more interest rate hikes this year.

Source: Reuters

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>