Wall Street ends nine-week winning streak as tech stocks plunge

The market's reaction underscores heightened volatility and uncertainty, challenging investor confidence in tech and crypto sectors amid rate hike fears. The post US stocks slump as fears over Big Tech shake Wall Street appeared first on Crypto Briefing.

Rising job numbers suggest prolonged high rates, prompting market volatility and potential shifts from equities to fixed income investments. The post Wall Street’s tech favorites tumble as jobs report raises rate fears appeared first on Crypto Briefing.

Rising rates and strong job growth shift market expectations, impacting tech stocks and crypto, highlighting vulnerabilities in growth-dependent sectors. The post NASDAQ Composite drops 4% as Wall Street reacts to strong jobs report and rising rates appeared first on Crypto Briefing.

Arthur Hayes warned that Hyperliquid's core value driver—using trading fees to burn tokens—exposes the protocol to market share losses.

The semiconductor sector's sharp decline highlights the volatility of tech stocks amid fluctuating demand and interest rate concerns. The post Micron, Marvell shares tumble as chip sector faces worst day in six years appeared first on Crypto Briefing.

The unexpected job surge challenges market assumptions, potentially altering monetary policy expectations and impacting tech and crypto sectors. The post S&P 500 closes down 2.6%, NASDAQ 100 sinks 4.8% as hot jobs report spooks markets appeared first on Crypto Briefing.

Rising yields and tech selloffs signal a shift in investment strategies, impacting risk assets and potentially altering capital allocation trends. The post NASDAQ 100 falls 5%, on track for biggest daily loss of 2026 appeared first on Crypto Briefing.

Canada's unexpected job surge complicates monetary policy, reducing rate cut prospects and impacting investment strategies in risk assets. The post Canada adds 87,800 jobs in May, unemployment drops to 6.6% as rate cut hopes fade appeared first on Crypto Briefing.