Dow Jones fell 325 points (-0.6%) to just under 53,400, roughly 2.5% below its early-August record, after August Nonfarm Payrolls printed 162K — more than triple the 56K forecast
Thursday's 600-point rally was built on a Fed governor's lean toward a hold — and the data destroyed that thesis inside one five-minute bar at 12:30 GMT
The two-year Treasury yield surged 8 basis points to above 4.40%, its highest since January 2025, as the curve...
