Bond yields spiked after nonfarm payrolls rose at a faster-than-expected pace in December, the jobless rate held steady at 4.1%, and average hourly earnings rose 3.9%.

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Stock market indexes meandered on Wall Street and in Europe, and investors paused ahead of the release of the nonfarm payrolls report on Friday. Bond yields across the Atlantic advanced. Germany's factory orders and retail sales edged lower. China indexes extend 3-month losses.

Stock market indexes wavered amid renewed worries about resurgent inflation and tight labor market conditions. Friday's nonfarm payrolls report is likely to confirm moderate expansion in the labor force.

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Wall Street indexes dropped more than 1% on the worries of resurgent inflation driven by Trump tariffs in the months ahead. The Euro Area inflation accelerated, and the UK's home prices edged lower for the first time in nine months. 

Wall Street indexes wavered ahead of jobs reports, and the yield on the 10-year U.S. Treasury note traded near a seven-month high.

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Stock market indexes accelerated gains in Monday's trading, and mega-cap tech stocks led the gainers. The yield on the 10-year U.S. Treasury note hovered around 4.6%, and 30-year bonds to 4.85%, a high not seen since October 2023.

Wall Street indexes traded higher ahead of job market reports later in the week. The yield on the 10-year U.S. Treasury note hovered around 4.59% and approached a seven-month high.

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The S&P 500 index and the Nasdaq Composite are set to advance more than 20% for the second consecutive year in 2024 amid optimism about economic growth and sustained labor market expansion.

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Optimism prevailed on Wall Street as investors hoped that the downward trend in interest rates would persist amid post-election euphoria, and the artificial intelligence-linked stocks-powered rally would extend well into the new year. 

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U.S. major averages advanced in Monday's trading amid fading hopes of a rally in the final five trading sessions. European markets struggled to advance, but indexes in China, India, and Japan closed higher.

Stock market indexes on Wall Street advanced at the start of a holiday-shortened week. In light trading, artificial intelligence technology-linked and mega tech companies led gainers.

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Wall Street indexes resumed selling after investors recalibrated rate outlook and reviewed the looming federal government shutdown that could impact consumer spending.

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Wall Street indexes rebounded but struggled to hold their best levels of the session amid weakening confidence and growing worries about the resurgent inflation. European market indexes closed down more than 1%. Central banks of Sweden and the Philippines cut rates, but Norway, Japan, and the UK held rates steady.

Wall Street indexes rebounded from a sharp fall in the previous session after the Federal Reserve revised its 2025 rate outlook and lowered the overnight rate range by 25 basis points.

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Wall Street indexes traded higher, and investors are anticipating fewer rate cuts in the approaching year amid resurgent inflation and higher tariffs. European markets were flat ahead of the BoE's rate decision and ongoing political turmoil in France and Germany. Japan's trade deficit shrank in November.

The Federal Reserve is struggling to cool inflation as wages and the service sector inflation continue to stay above the Fed's target rate of inflation.

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