Dollar Soars To 27-Month Highs, 30-Year Yields Hit 5%, Stocks Tumble As Jobs Report, Oil Spike Darken Fed's Interest Rate Cut Hopes - Advanced Micro Devices (NASDAQ:AMD), American Intl Gr (NYSE:AIG)
1. U.S. added 256,000 jobs in December, exceeding expectations. 2. Unemployment rate fell to 4.1%, defying forecasts. 3. Higher job growth may delay Federal Reserve interest rate cuts. 4. Tech sector, including AMD, dropped significantly due to rising yields. 5. Strong dollar negatively impacts tech and growth stocks.