Wall Street Plunges as Rate Cut Hopes Fade: Market Turmoil on January 10, 2025
The New York Stock Exchange (NYSE) experienced a sharp decline on Friday, as investors reacted to stronger-than-expected U.S.employment figures.The robust job data has raised concerns that the Federal Reserve (Fed) may delay its anticipated interest rate cuts in 2025. The Dow Jones fell by 1.63%, the Nasdaq index dropped by the same percentage, and the … Read more