News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
US equity indexes plunged amid a slide in mega-cap chip names and government bonds, as a strong jobs
In bitcoin's (BTC-USD) latest slump, the cryptocurrency has sunk below $60,000 on Friday. The CLARITY Act — the Congressional bill for crypto regulation — currently sits on the Senate's schedule for a possible vote before lawmakers' summer recess. Bitwise head of research Ryan Rasmussen sits down with Josh Lipton to explain why he believes the CLARITY Act may not get passed in 2026, underlining that that shouldn't stop the momentum of the crypto industry.
US stocks (^DJI, ^IXIC, ^GSPC) sink in Friday trading, the Nasdaq Composite leading losses and closing over 1,100 points lower (4.18%). The market is reacting to May's overwhelmingly positive labor data — 172,000 jobs added the US economy vs. estimates of 88,000 — raising investor concerns that the Federal Reserve may be inclined to hike interest rates. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the day's biggest market moves.
US equity indexes plunged as a strong jobs report slashed the odds for interest rate cuts this year,
The Nasdaq dropped nearly 3% after a stronger-than-expected hiring report. Strong employment data has traders bracing for a Fed rate hike.
A stronger-than-expected jobs report sent Wall Street tumbling as investors increasingly bet on rate increases from the Federal Reserve.
Technology stocks tumbled sharply Friday as the Nasdaq headed for its worst week in a year. Nasdaq Inc. shed nearly 2% in afternoon trades, as Nvidia, Micron and Sandisk fell. Tech behemoths like Amazon and Google edged lower.
The selling in computer-chip and hardware manufacturers is getting ugly this afternoon after Broadcom's forecast disappointed late Wednesday. Higher bond yields, which decrease the value Wall Street assigns to companies projecting high profits far into the future, aren't helping either.
Despite the week’s declines, the market is more likely to see it as a short correction than a major selloff. Investors aren’t selling everything, but shifting into better opportunities.
Donald Trump has said “stocks should go up, not down” after Wall Street was hit by a sell-off following new strong US jobs data.
Donald Trump has said “stocks should go up, not down” after Wall Street was hit by a sell-off following new strong US jobs data.
The S&P 500, down 1.8%, was on track to snap a nine-week winning streak. The Dow fell 400 points, or 0.8%, but is still up slightly on the week. David Donabedian, senior investment strategist at CIBC Private Wealth, told Barron’s that the action this morning began as a continued rotation away from AI winners.
Nvidia Selloff Deepens As Broadcom Outlook And Jobs Data Shake Investors
Nasdaq Tumbles as Rising Yields Trigger Brutal Tech Selloff
US equity indexes sank amid a slide in mega-cap chip names and government bonds, as strong jobs slas
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 inflation and Wall Street wrestled with weakness in AI stocks.
Hyatt Hotels, PriceSmart and Voya Financial are hitting new highs Friday despite the stock market weakness.
Unlike other major indexes, the rules for the S&P 500 will not change.
US equity indexes slumped amid a sell-off in mega-cap chip names and government bonds, as a strong j
In New York, the Dow Jones Industrial Average was down 0.3%, the S&P 500 was 1.2% lower, and the Nasdaq Composite dropped 2.2%.
Is SanDisk's incredible bull run coming to an end?
As markets (^DJI, ^IXIC, ^GSPC) prepare for the public launch of SpaceX (SPAX.PVT) on June 12, should investors be skeptical of these mega-IPOs expected to sweep Wall Street? 9i Capital Group founder and CEO Kevin Thompson cites the circular investing occurring between Big Tech names and these pre-IPO companies — SpaceX, OpenAI (OPAI.PVT), Anthropic (ANTH.PVT). OpenAI and Anthropic have also filed to go public in 2026.
SpaceX is gearing up for the biggest IPO in history. Here's why investors could end up owning Elon Musk's rocket giant — like it or not.
The right investing strategy is more important than ever.