London, Jan 10, 2025 (AFP) - Strong US jobs report sends stocks sliding, dollar rising

NAMPA / AFP

2025-01-10

Wall Street stocks slid and the dollar climbed Friday as a blockbuster US jobs report dimmed hopes of further interest-rate cuts. Oil prices, meanwhile, jumped past $80 per barrel on talk of possible new US sanctions on Russia. The world's biggest economy created 256,000 jobs last month, up from a revised 212,000 in November, said the Labor Department. The figure smashed market expectations of between 150,000 and 160,000 jobs. Traders have looked......

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