🚨 The stronger-than-expected U.S. jobs report reinforced expectations that the Federal Reserve is unlikely to pursue aggressive rate cuts anytime soon. Bank of America even predicts the rate-cut cycle is over. Market Highlights from Friday: Dow Jones: Plunged 700 points, nearly erasing post-election gains. Small-Cap Index: Continued its consolidation phase. Major U.S. Indices: Fell roughly 2% for the week, turning negative for the year. Semiconductors & China ADRs: Suffered heavy losses, dropping over 3%. NVIDIA & Tesla: Declined more than 4% intraday before partially recovering. Chinese EV Xpeng Motors: Rebounded into positive territory. 📊 With the labor market showing resilience, the narrative of prolonged higher rates seems to be solidifying, casting a shadow over growth-sensitive sectors like tech and smaller caps. 🔎 What’s your take on the market's reaction to the employment data? Let’s discuss! #USMarkets #RateHikes #TechStocks #Semiconductors #Tesla #NVIDIA #ChinaADRs #EconomicOutlook