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Verilumia

The Daily Verified Briefing

Markets

US stocks tumble as strong jobs data sparks rate‑hike fears

Published 10 June 2026

U.S. stock markets fell sharply on Friday, June 5, 2026, ending a nine-week winning streak as a surprisingly strong jobs report fueled expectations of higher interest rates and triggered a major selloff in technology shares. The tech-heavy Nasdaq Composite plunged 4.

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