Stocks slide, 10-year Treasury yield spikes after strong jobs data

  • Stocks slide, 10-year Treasury yield spikes after strong jobs data

    U.S. stocks fell across the board as the yield on the 10-year Treasury spiked above 3.5% following the stronger-than-expected November jobs report which included a hefty jump in wages, creating a new wrinkle for the Federal Reserve in their inflation fight. In commodities, oil ticked up to the $81 per barrel level.

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