Information technology stocks on the S&P 500 slid 5.8 per cent

The Nasdaq lost nearly a month's worth of gains Friday.

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

US stocks ended lower on Friday, with technology shares leading the decline, as a stronger-than-expected jobs report reduced expectations of interest rate cuts by the Federal…

The Nasdaq 100 Index plunged 3% at 12:22 p.m., putting the tech-heavy gauge on track for its biggest drop since October. Find out more.

Investors sold stocks, bonds, bitcoin and gold Friday after strong jobs data raised odds for Federal Reserve interest rate hikes, and Wall Street wrestled with weakness in AI…

An unexpectedly strong May jobs report bolstered bets that US rates are poised to rise, knocking some wind out of the highest-flying tech stocks.

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…

O índice Nasdaq anotou forte queda de 4,18%, aos 25.709,43 pontos, o S&P 500 caiu 2,65%, aos 7.383,68 pontos, e o Dow Jones recuou 1,35%, aos 50.866,78 pontos

Fears of an interest rate increase has unsettled investors

S&P 500 snaps 9-week streak of Friday-to-Friday gains

All three major US stock indexes closed sharply lower, with plunging chip stocks dragging the tech-laden Nasdaq down by its largest one-day percentage loss since last year.

Information technology stocks on the S&P 500 slid 5.8 per cent

By Joseph Adinolfi and Gordon Gottsegen

Nvidia fell 6.2%, Broadcom dropped 7.9% and Micron Technology slid 13.3% for the biggest loss among stocks in the S&P 500.