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 Reserve this year.
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.
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…
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.
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…
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
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.
Wall Street's nine-week winning streak ended as tech and chip stocks plunged after strong US jobs data reduced hopes for near-term Fed rate cuts.
The S&P 500 fell 2.64 percent, while the tech-heavy Nasdaq Composite fell 4.18 percent, as AI-related stocks pulled back, after surging in recent weeks
Wall Street experienced its worst single-day decline in over a year on Friday, as investors fled technology stocks, bonds, and gold. A robust May jobs report fueled concerns about…
The Nasdaq 100 fell 5% on June 5 after a blowout jobs report sent Treasury yields surging, hammering semiconductor and AI stocks in the worst daily loss of
The S&P 500 fell 2.6% and NASDAQ 100 dropped 4.8% after a hot May jobs report crushed rate-cut hopes. Bitcoin slid 4.3% to $60,850.
The Nasdaq posted its largest point drop on record while the S&P 500 lost $1.8 trillion after hot jobs data crushed rate-cut hopes. Bitcoin fell below $60K.
The S&P 500 lost $1.8 trillion and the Nasdaq posted its largest point drop ever after a strong jobs report crushed rate-cut hopes, dragging Bitcoin below
Wall Street's nine-week rally ended as a blowout jobs report sparked rate hike fears, sending the Nasdaq down 4.2% and Bitcoin below $62K.
US stocks fell sharply after a blowout May jobs report sparked fears of sustained high interest rates, wiping trillions from Big Tech and dragging crypto
The S&P 500 fell 2.64% as investors rotated from tech into healthcare and consumer staples. Bitcoin dropped below $60K amid rising Treasury yields.