Stocks Rebound on Strong Jobs Data, But Pull Back From 9-Week Rally
• Stocks bounced back on Friday as investors digested strong December jobs data showing 216,000 jobs added
• Despite morning gains, stocks are poised to end a nine-week winning streak
• Investors scaled back bets on a March Fed rate cut after the jobs report, with odds now 50-50
• US 10-year Treasury yield rose to 4.04% as bond yields continued climbing
• Apple shares slipped in premarket trading after Foxconn said it expects lower first quarter revenue amid slower iPhone demand