"Markets Flinch as Bonds, Stocks Stumble and Yields Eye 4% Amid New Year Volatility"
Originally Published 2 years ago — by Yahoo Finance
U.S. bonds and stock futures fell as markets anticipated key economic data that could influence interest rate expectations. The drop follows a significant global market slump on the first full trading day of the year. Investors await the Federal Reserve's meeting minutes and data on manufacturing and job openings, while tech stocks, particularly Nvidia Corp., face a sell-off. The dollar strengthened, and yields on 10-year Treasury notes increased. This week is packed with economic events, including various PMI readings, jobless claims, and nonfarm payrolls, which will provide further insight into the economic landscape and potential monetary policy shifts.