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Wall Street declines as chip stocks fall, jobs data raises Fed rate hike expectations
Wall Street tumbled as 172,000 May jobs crushed forecasts, pushing rate hike odds to 98%. Nasdaq fell 4.18%, chip stocks lost over $1T, Bitcoin dropped 4%.
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abcnews.com
Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates
Stocks are sinking on Wall Street as big technology companies lost ground and weighed down the broader market
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swissinfo.ch
Stocks and Bonds Fall as Jobs Fuel Fed-Hike Bets: Markets Wrap
(Bloomberg) -- Wall Street’s historic weekly run is poised to come to a halt, with stocks and bonds falling after a solid jobs report added to speculation the Federal Reserve’s…
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Tech Stocks Get Hit as Fed-Hike Wagers Lift Yields: Markets Wrap
(Bloomberg) -- Wall Street’s historic weekly run is poised to come to a halt, with stocks and bonds falling after a solid jobs report added to speculation the Federal Reserve’s…
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cryptobriefing.com
Hot jobs data strengthens the dollar and crushes crypto's rate-cut hopes
May's 172K jobs report doubled forecasts, sending Bitcoin near $60K and the Fear & Greed Index to 12 as rate-cut hopes evaporate across crypto markets.
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nbcnews.com
Stocks sink as interest rate hike worries rattle tech amid nonstop AI spending
A strong jobs report raised the likelihood that the Federal Reserve would raise interest rates this year.
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edition.cnn.com
S&P 500 set for worst day this year on AI weakness, rising odds for Fed rate hikes | CNN Business
Investors sold off stocks, bonds, bitcoin and gold Friday after a strong jobs report boosted odds the Federal Reserve might raise interest rates later this year to combat…
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cnn.com
Market sell-off accelerates as traders raise odds for Fed rate hikes | CNN Business
Investors sold off stocks, bonds, bitcoin and gold Friday after a strong jobs report boosted odds the Federal Reserve might raise interest rates later this year to combat…
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Nasdaq sinks 4% and has worst day in a year on AI weakness, rising odds for Fed rate hike | CNN Business
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…
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economictimes.indiatimes.com
Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock…
Why is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — and the US stock market is paying a…
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afr.com
Nasdaq tumbles after tech stocks hit by selling wave
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.
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Nasdaq 100 Sinks 3% as Fed-Hike Wagers Lift Yields: Markets Wrap
(Bloomberg) -- Wall Street’s historic weekly run came to a halt, with stocks hit by a tech selloff and higher bond yields as a solid jobs report added to bets the Federal…
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Nasdaq 100 Sinks 4% as Fed-Hike Wagers Lift Yields: Markets Wrap
(Bloomberg) -- Wall Street’s historic weekly run came to a halt, with stocks hit by a tech selloff and higher bond yields as a solid jobs report added to bets the Federal…
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eu.usatoday.com
Wall Street tumbles after strong jobs report
A stronger-than-expected jobs report sent Wall Street tumbling as investors increasingly bet on rate increases from the Federal Reserve.
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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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irishtimes.com
Big fall in US tech shares as AI stock are hit
Fears of an interest rate increase has unsettled investors
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asia.nikkei.com
Wall Street ends sharply lower as chip slide, job data fuel rate hike fears
S&P 500 snaps 9-week streak of Friday-to-Friday gains
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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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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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abc.net.au
Wall Street suffers worst hit of 2026 so far amid massive stock sell-off
The US stock market has experienced its worst losses in months due to large sell-offs of shares in technology giants and fears of a looming rate hike in the wake of a strong jobs…