S&P 500, Dow and Nasdaq down today: Wall Street faces a downturn as the S&P 500, Dow, and Nasdaq fall in response to a robust jobs report raising concerns about interest rate hikes. Discover why tech stocks, particularly semiconductors, are under pressure and how inflation concerns impact the market.

Stocks are sinking on Wall Street as big technology companies lost ground and weighed down the broader market

S&P 500, if remains low, would register its first weekly decline since April. The tech-heavy Nasdaq was also set to end the week slightly lower, while the price-weighted Dow…