"Dow Fluctuates Amid Strong Jobs Data and Rising Rate Concerns"

U.S. stock futures declined as a stronger-than-expected December jobs report, with the economy adding 216,000 jobs, led investors to reassess the likelihood of an interest rate cut by the Federal Reserve. The unemployment rate held steady at 3.7%, and the robust labor market data dampened hopes for a Fed policy pivot, causing a pullback in the stock market's recent rally. Bond yields rose, and tech stocks, including Apple, faced premarket losses following downgrades and a revenue drop forecast from iPhone supplier Foxconn.