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S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record. Here's what investors need to know about Friday's selloff.
By Joseph Adinolfi and Gordon Gottsegen
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6 prospettive sulla stessa storiaTimeline cronologica
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forbes.com
Nasdaq Drops 4% As Major Indexes Tumble During Tech Selloff
The Nasdaq lost nearly a month's worth of gains Friday.
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economictimes.indiatimes.com
S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5
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…
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channelnewsasia.com
Chip selloff erases over $1 trillion in stock market value
June 5 : U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia, Micron Technology and Advanced…
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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…
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dawn.com
Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
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.
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thenationalnews.com
Nasdaq 100 slides 4.8% as traders dump tech stocks | The National
Information technology stocks on the S&P 500 slid 5.8 per cent
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morningstar.com
S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record. Here's what investors need to know about Friday's selloff.
By Joseph Adinolfi and Gordon Gottsegen
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fortune.com
Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out | Fortune
"The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot."
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Markets have worst day since October as tech stocks lead the way down, traders lose hope of rate cut | Fortune
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.
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thehindubusinessline.com
Wall Street rally ends as Nasdaq tumbles and chip stocks erase $1 trillion in value
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.