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The Wall Street Publication > Blog > Markets > Stocks Close Lower After Jobs Report
Markets

Stocks Close Lower After Jobs Report

Editorial Board Published January 7, 2022
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Stocks Close Lower After Jobs Report
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Markets are off to a rough start in 2022.

The S&P 500 ended the week with a loss of 1.9%, while the Dow Jones Industrial Average has lost 0.3%. The tech-heavy Nasdaq Composite fell 4.5%, its worst week since February. And the turbulence hasn’t been limited to the stock market: The yield on the 10-year Treasury note jumped for five consecutive sessions to its highest level since January 2020, before the pandemic started spreading aggressively through the U.S.

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