U.S. stock market early session | The three major Indexes all declined, with the Nasdaq down over 2%; Technology stocks plummeted, with AMD falling more than 5%; Blue-chip stocks surged against the trend! Pharmacy stock WBA rose over 25%.

On the evening of October 10 in Peking, US stocks opened lower on Friday. The surge in US bond yields put pressure on the stock indices, with the 30-year US bond yield rising to 5%. The non-farm payroll data for December significantly exceeded expectations, and the unemployment rate fell, leading investors to lower their expectations for a rate cut by the Federal Reserve.

Jan 10 23:06

New York foreign exchange market: Bloomberg USD index rises for three consecutive days, British Pound drops below 1.23.

The Bloomberg USD index rose slightly before the release of the US non-farm payroll report on Friday. The British Pound fell below 1.23 for the first time since 2023, as investor concerns about the United Kingdom's fiscal outlook put pressure on the country's Assets. The Bloomberg USD spot index increased by 0.1%, marking three consecutive days of gains. The overnight implied volatility of the Bloomberg USD spot index surpassed 15%, reaching a two-month high, as traders adjusted their positions ahead of the US non-farm payroll report. The US stock market was closed on Thursday to mourn former President Carter's passing; the US bond market closed early at 2 PM New York time. The yield on the 10-year US Treasury bond remained flat at 4.69.

Global Market ReportJan 10 04:55

USA bond market: Short-term government bonds saw slight gains, and the yield curve steepened.

US Treasury bonds closed early, with overall minor changes and a steepening yield curve. The US stock market was closed for the state funeral of former President Carter, and no official economic data was released today, with activities limited to speeches from a few Federal Reserve officials. In terms of Options, demand for Put positions is strong, betting that the 10-year yield will approach 5% by the end of the month. The early closing occurred just after 2 PM Eastern Time, with short-term yields falling about 2 basis points, while longer-term yields remained basically flat; the 2s10s spread is steepening, reported at about 42 basis points, but still within the range from Wednesday. The UK Treasury bond yields, which soared earlier this week, closed mixed, with yields.

Global market broadcast.Jan 10 04:23

Photos Show Former President Jimmy Carter's State Funeral

CNBCJan 10 02:28

Watch Live: Biden to Deliver Eulogy at Jimmy Carter's State Funeral

CNBCJan 9 22:44

Bond Selloff Eases Ahead of Key Jobs Report; Stock Market Shut for Carter's Mourning

Seeking AlphaJan 9 22:43