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The S&P 500 fell more than 2.6 percent on Friday, its worst one-day drop of the year and ending nine weeks of gains.
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Tech sell-off, rate-hike fears drive Wall Street plunge Yahoo FinanceNasdaq falls 4% and suffers worst day since April 2025 as traders flee chip stocks: Live updates CNBCStrong Job Growth Weakens Stocks WSJS&P 500 set for worst day this year on AI weakness, rising odds for Fed rate hikes CNNWall Street slumps as chips slide, robust jobs data stokes fears of hawkish Fed Reuters
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S&P 500 and Nasdaq fall as chips sell off; yields rise after jobs report: Live updates CNBCStocks sink as interest rate hike worries rattle tech amid nonstop AI spending NBC NewsStock Market Today: Treasury Yields Jump After Strong Jobs Report, Dow Opens Flat WSJStock market today: S&P 500, Nasdaq futures slide ahead of May jobs report Yahoo Finance
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May was the strongest month of the year for buying by retail investors, as individuals piled into semiconductor stocks.
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