Stock Market Today: Tech Drubbed; Nasdaq Has Worst Week in 11 Months

The 10-year Treasury yield hit its highest level since early 2020 on Friday.

stock market chart going down
(Image credit: Getty Images)

Investors saw another volatile session Friday as the broader markets swung wildly in the wake of the latest jobs report.

Before markets opened, the Labor Department said the U.S. added 199,000 new jobs in December, not even half of what economists were expecting.

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.