S&P 500 Snapshot: Index Falls 1.5% Following Friday Jobs Report
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The S&P 500 index dropped over 1.5% after a stronger than expected December jobs report, marking a 4.32% decline from its record close on December 6, 2024, and a 0.71% decrease year-to-date.
January 10, 2025 | 10:15 pm
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The S&P 500's decline following a strong jobs report may impact bond ETFs like IEF, as investors reassess interest rate expectations.
The S&P 500's decline due to a strong jobs report suggests potential changes in interest rate expectations, which can influence bond markets. IEF, a bond ETF, may see indirect effects as investors adjust their portfolios in response to anticipated rate changes.
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