Category: Wipes

  • S&P 500 Wipes Out 2025 Gains on Big Jobs Surprise: Markets Wrap

    (Bloomberg) — Stocks took a hit and bond yields rose along with the dollar, with traders cutting their bets on an interest rate cut by the Federal Reserve this year after a surprise jobs report. Most read from Bloomberg Stocks erased the advance they made in 2025, with the S&P…