Jobs Surge Sparks Market Dip | Tulsa News

Stocks took a hit Friday as the S&P 500, Dow, and Nasdaq all fell, triggered by a surprise surge in jobs—162K added, way above expectations. That strength is fueling bets the Fed might raise rates again to tame inflation, sending two-year Treasury yields soaring to 4.37%. While big indices struggled, smaller caps in the Russell 2000 edged up, showing not all markets felt the sting. Good news can backfire when rates loom—economy’s booming, but investors brace for tighter credit. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e21f5862c19f3b40