U.S. Stock Indexes Slide, Bond Yields Jump After Jobs Report

Stock indexes fell, with the S&P 500 wiping out its 2025 gains, as investors assessed a blockbuster jobs report that makes future interest-rate cuts seem less likely.

Stock indexes fell, with the S&P 500 wiping out its 2025 gains, as investors assessed a blockbuster jobs report that makes future interest-rate cuts seem less likely.