Wall Street failed to hold onto gains in today’s session, suffering modest to steep pullbacks across the board. Pushing sentiment lower were rate cut worries and faster-than-expected growth from the U.S. services sector for last month. Meanwhile, the latest jobs report showed 8.1 million openings were added in November, well above analyst estimates.The 10-year Treasury yield is extending its climb, last seen near 4.685%. Meanwhile, the blue-chip index dropped 178 points, while the tech-heavy Nasdaq suffered a steep 375-point loss, and the S&P 500 trailed as well. 
Oil, Gold Rebound With Session Wins
Crude enjoyed a rebound this afternoon, recovering from its recent losses to close at its highest level since October. February-dated West Texas Intermediate (WTI) crude added 69 cents, or 0.9%, to settle $74.25 per barrel.U.S. Treasury yields and a stronger dollar pushed pressured gold prices today, after the yellow metal moved higher after jobs data. Gold for January delivery still added 0.6%, to settle around $2,662.60 an ounce.More By This Author:S&P 500, Nasdaq Fall As Economic Data, Bond Yields Weigh
Markets Mixed As Tariff Fears Ease, Chip Stocks Soar
Tech, Autos Help Wall Street Charge Higher
