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US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fears
Wall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. The Nasdaq plunged over 4%, ending a nine-week rally, while persistent Middle East tensions and rising yields further pressured investor sentiment.
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economictimes.indiatimes.com
US stocks today: Dow Jones drops over 500 points as Middle East tensions escalate
Wall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech stocks led declines, though chipmakers…
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straitstimes.com
US stocks close lower as Middle East tensions escalate
The Dow Jones Industrial Average fell 1.21 per cent, to 50,687.07 while the S&P 500 lost 0.74 per cent, to 7,553.72. Read more at straitstimes.com. Read more at straitstimes.com.
