JOBS REPORT US jobs market blows past expectations, adding 256,000 jobs in December Euronext • EUR (M1CSB.NX) Follow Compare 0.0200 0.0000 (0.00%) As of January 7 at 8:01:40 AM GMT+1. Market Open. Related News Stock market today: Dow, S&P 500, Nasdaq sink as jobs report blows past expectations Caution reigns ahead of December's jobs report, which will shape bets on the chances of Fed rate cuts. Bitcoin falls to lowest level since November as Trump rally loses steam in inauguration run-up Bitcoin fell as low as $91,600 Thursday — its lowest level since November. Wall Street just got another sign that dealmaking is on the rebound Investment banking revenues soared at Jefferies Financial in the fourth quarter, a positive sign for Wall Street as bigger banks prepare to report their results next week. Why investors will 'regret' not owning small caps in 2025 Essex Investment Management co-CEO and senior portfolio manager Nancy Prial joins Market Domination Overtime to discuss why investors should consider adding small caps (^RUT) to their portfolios despite current market pressure on this sector. "We know it's been a very tough slog. Clearly, small caps are out of favor," she tells Yahoo Finance. However, she believes investors will "regret" not owning them in 2025. Prial cites "a combination" of valuation and earnings growth: "Those two conditions are what will turn this somewhat historic underperformance cycle around." Regarding interest rate cuts, Prial emphasizes that small caps need "rate stabilization" rather than rate cuts to outperform. "If the 10-year is going to continue to go up ... that's going to be a headwind not only to small caps, [but] to the market overall," she explains. She adds that if rates stay in the 4 to 4.5% range, "that's an environment where small caps have prospered in the past." To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith MicroStrategy achieves AWS Competencies for Government and Education MicroStrategy (MSTR) announced that it has achieved the Amazon Web Services Competences in Government and Education. “Achieving this AWS Competencies in Government and Education differentiates MicroStrategy as an AWS Partner with essential skillsets to meet mandates, reduce costs, and increase innovation for customers,” the company stated. “MicroStrategy is proud to achieve the AWS Competency in both Education and Government,” said Mel Zeledon, Executive Vice President of Alliances and Transform US Payrolls Growth Picks Up, Unemployment Rate Drops (Bloomberg) -- The US economy in December added the most jobs since March and the unemployment rate unexpectedly fell, capping a surprisingly strong year and supporting the case for a pause in Federal Reserve interest-rate cuts.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Resto Market Chatter: Microsoft-backed OpenAI Urged to Auction Off Major Stake Microsoft-backed (MSFT) OpenAI is facing a call by Tesla (TSLA) Chief Executive Elon Musk to auction Surprising Dec US payrolls jump supports longer Fed pause Nonfarm payrolls increased by 256,000 jobs last month after rising by a downwardly revised 212,000 in November, the Labor Department said on Friday. "At this point in the cycle, earnings will need to improve – and not just within the large tech companies – in order to have markets “grow into” their already high valuations, so we would be cautious in the short term." Jobs report shock has big implications for Fed rate bets, Treasury yields The economy ended 2024 with a solid labor market and a better-than-expected reading for headline unemployment. US Economy Adds 256,000 Payrolls In December, Tight Labor Market Tops Forecasts: Dollar, Treasury Yields Spike The labor market ended 2024 on a strong note, adding 256,000 jobs in December, exceeding economist forecasts and showcasing once again the resilience of the U.S. economy. Nonfarm payrolls rose by 256,000 last month, up from the downwardly revised 212,000 in November and sharply surpassing economist expectations of 160,000 payrolls as tracked by TradingEconomics. US Labor Market Defies Gravity, Unemployment Rate Falls The December payroll figure released Friday by the Bureau of Labor Statistics s 1 Magnificent S&P 500 Dividend Stock Down 33% to Buy in 2025 for a Lifetime of Passive Income Consumer staples behemoth Clorox (NYSE: CLX) has faced no shortage of issues over the last few years. With ballooning inflation and a cyberattack hampering Clorox's operations (among many other companies), the company's stock still languishes 33% below its all-time highs from 2020. This sales stability, paired with Clorox's ongoing turnaround yet depressed share price, makes it a steady-Eddie stock worth a long look today. Top Seven Stocks Dominate S&P 500 Amid Bubble Concerns Howard Marks reflects on 25 years since his seminal memo "bubble.com," discussing historical and contemporary bubbles. Tesla Stock Has Tumbled From Its December Highs. What the Charts Say Happens Next. Tesla stock has had a difficult couple of weeks after its epic run, making it a good time to check in with some technical stock market analysts to help figure out what comes next. Coming into Friday trading, shares of the electric vehicle maker were up about 57% since the Nov. 5 U.S. presidential election, up about 65% since the Oct. 10 Robotaxi event, and up about 64% over the past 12 months. “Tesla is in pullback mode following its big breakout,” wrote Fairlead Strategies founder and market technician Katie Stockton. Walgreens Stock Jumps as Sales Grow, Adjusted Earnings Surpass Estimates Shares of Walgreens Boots Alliance rose Friday morning after the pharmacy retailer reported first-quarter results that included better revenue and adjusted profits than analysts had expected. Stocks Fall as Traders Take Cover Before Payrolls: Markets Wrap (Bloomberg) -- Stocks and bonds retreated on Friday as traders took a cautious stance ahead of monthly US jobs data that will offer fresh insight on the state of the economy and the outlook for interest rates.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ug Allstate Stock, Other Insurers Fall as L.A. Fires Rage On. They Are Set to Lose This Much. Shares in Mercury, a publicly-owned insurer highly exposed to California, crashed ahead of Friday's opening bell. Should You Be Adding JPMorgan Chase (NYSE:JPM) To Your Watchlist Today? The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even... 5 Things to Know Before the Stock Market Opens News of the day for Jan. 10, 2025 BofA's Consumer Investments Surpasses $500 Billion in Assets as Clients Choose High-Tech, High Touch Approach to Managing Finances Bank of America today announced its Consumer Investments business has grown to more than $500 billion in client assets, a more than 10-fold increase since the business started a decade ago. This includes nearly 4 million client accounts with Merrill Edge Self-Directed and Merrill Guided Investing, built on Merrill's industry-leading technology and investment offerings. 3 Furniture Stocks Navigating a Tough Industry Landscape Deteriorating U.S. consumer confidence and concerns for future business growth are risks for the industry. Yet, the focus on product innovation and technological solutions raises hope for LZB, SNBR and FLXS.