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Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears

Posted on June 5, 2026
By Dawn
0 Views
1 min read

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.