Stocks gave up all the post-election gains after the December jobs report came in hotter than expected. The rate on the 10-year Treasury note climbed above 4.7%, and the 30-year note is close to 5%, which is bearish for the housing market.
Investors now have to consider that there may be no interest rate cuts in 2025. And things could get worse when the December readings for inflation come out next week. Confirmation that inflation is rising may cause stocks to drop even further as President-elect Donald Trump’s policies are likely to be inflationary in the near term.
Next week also marks the start of the next earnings season. That means investors will hear from the big banks. However, if the banks deliver on the strong earnings growth that’s expected, it could put a floor on the current sell-off. 2025 is off to a volatile start, but you can count on the MarketBeat team of analysts to help make sense of the stocks and stories moving the markets. Here are some of our most popular stories this week.