Sentiment: Positive
Buy Bitcoin, Ethereum and Crypto Currencies/Coins from:
|
Binance |
|
Coinbase |
|
KUCOIN |
|
AscendEX (Formally BitMax) |
Stocks Slide as Jobs Report Fuels Rate Hike Fears and AI Trade Stumbles
By Trader Edge at 2026-06-05 12:25
Sentiment: Positive
TLDR Nasdaq fell 2.1%, S&P 500 dropped 1.1%, and the Dow shed 140 points on Friday May jobs report showed 172,000 jobs added, nearly double the 88,000 forecast Strong jobs data pushed rate hike odds to 68.3%, effectively ruling out near-term cuts Broadcom’s earnings sell-off dragged chip stocks and the broader AI trade lower The [...] The post Stocks Slide as Jobs Report Fuels Rate Hike Fears and AI Trade Stumbles appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
Source Coin Central