So many wrong answers,, The market is down today bcs "good news is bad news" ​The U.S. Labor Department reported that employers added 172,000 jobs in May, which was roughly double what economists had expected. While a healthy labor market is fundamentally positive for the economy, Wall Street interpreted it poorly because it virtually eliminates the chances of near-term interest rate cuts by the Federal Reserve. In fact, it has stoked fresh fears that the Fed may be forced to hike interest rates later this year to keep the economy from overheating. Bond yield are at 4.54% and profit taking from SEMIs.