CoreComm Internet

Features

Make this your home page

Stocks fall after a surprisingly strong jobs report raises prospects of an interest rate hike

U. S. stocks fell and Treasury bond yields mostly rose Friday after the government reported that employers unexpectedly added 162,000 jobs last month. The surprise increase in hiring could give the Federal Reserve leeway to raise its benchmark short-term interest rate to fight inflation when central bank policymakers meet later this month. “Today’s jobs report does lean toward the Fed increasing rates," said Terry Sandven, chief equity strategist at U. S. Bank Asset Management Group, that...

Read More
 

----------
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by AccuWeather.