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US stocks plunge as strong jobs data fuels rate hike fears, dragging Bitcoin below $62K
US stocks plunged as May's 172,000 job gains doubled expectations, sending the Nasdaq down 4%, Treasury yields to yearly highs, and Bitcoin below $62K.
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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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coindesk.com
U.S. job growth blows past forecasts, setting stage for Fed rate hikes
Bitcoin is now facing another headwind — the prospect of higher interest rates.
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economictimes.indiatimes.com
US stocks today: S&P 500, Nasdaq slip at open after solid jobs data fuels hawkish Fed fears; chip stocks fall
US markets opened mixed as tech-heavy Nasdaq and S&P 500 fell, dragged by weakness in chip stocks after a recent rally. Strong jobs data reinforced expectations of tighter Federal…
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timesofindia.indiatimes.com
US stock markets today (June 5, 2026): S&P 500, Nasdaq fall as tech stocks slide; strong jobs data dims rate-cut hopes
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…
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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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Bitcoin briefly falls below $60K for the first time since October 2024
Bitcoin fell below $60K on June 5, its weakest level since Oct 2024, as hot jobs data fueled bets on Fed rate hikes, sent the dollar higher.
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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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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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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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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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swissinfo.ch
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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US stock market crash explained: Why did Nasdaq plunge 4% to record the worst day since April 2025?
Wall Street experienced a sharp decline on Friday, led by the Nasdaq's significant fall, as a robust US jobs report fueled concerns about sustained high interest rates from the…
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riotimesonline.com
Global Economy Briefing — June 6, 2026
A blowout 172K jobs report — more than double consensus — shattered the AI rally, sending the Nasdaq down 4.2% in its worst session since April 2025 and wiping roughly $1 trillion…
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rnz.co.nz
Nasdaq, S&P 500 suffer worst day of year, as AI stocks tumble, Fed rate-hike odds rise
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
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US adds 172,000 jobs in May, unemployment rate holds at 4.3%
The US added 172,000 jobs in May, doubling estimates. Bitcoin dropped to $61,900 as traders repriced Fed rate-cut expectations on strong labor data.
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US job market adds 172,000 jobs in May as hiring rebounds, rattling crypto markets
The US added 172,000 jobs in May 2026, doubling forecasts. Bitcoin fell below $62K as the strong report fueled expectations for Fed rate hikes later this
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Wall Street falls sharply as strong US jobs data sparks tech selloff and revives rate concerns
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…