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Stock Market on June 5, 2026: Dow falls 695 points after U.S. jobs report; S&P 500 and Nasdaq end sharply lower to book biggest percentage drops since 2025 after big losses in tech sector; Treasury yields jump MarketWatchNasdaq, S&P 500 suffer worst day of year as AI stocks tumble and Fed rate-hike odds rise CNNAmazon, Microsoft fare better than most in tech stock sell-off spree The Seattle TimesNasdaq falls 4% and suffers worst day since April 2025 as traders flee chip stocks: Live updates CNBC
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Lower mid-market Norwegian private equity investor Longship has hit a NOK2.4bn (€223m) final close for its fourth fund.
The post Norway's Longship hits NOK2.4bn hard cap in pacey Fund IV raise appeared first on AltAssets Private Equity News.
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U.S. job growth blows past forecasts, setting stage for Fed rate hikes CoinDeskThe US economy added a stronger-than-expected 172,000 jobs last month CNNJobs Report Live Updates: U.S. Employers Added 172,000 Jobs in May The New York TimesUS Adds 172,000 Jobs in May, Beating All Economists' Estimates Bloomberg.comJobs report smashes expectations with payroll growth of 172,000 Yahoo Finance
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Amid widespread tech layoffs, some highly skilled workers are making radical career changes. Some laid-off workers are turning to lower paying temp jobs, and some are leaving tech altogether.
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Live updates: bitcoin tumbles to $60,000 as blowout jobs data, Zcash bug keeps pressure on crypto CoinDeskBitcoin cracks $60,000, sinking to lowest level since October 2024 CNBCBitcoin is suffering from an ‘attention' deficit, as momentum traders have moved on MarketWatchBitcoin's star fades, as investors flock to lustre of AI and megacap IPOs
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Tech stocks suffer two-day decline following disappointing results from semiconductor giant Broadcom
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SpaceX IPO Is Said to Draw More Orders Than Shares Available Bloomberg.comFidelity lowers the bar for small investors to get in on SpaceX IPO Yahoo FinanceThere's More to Space Stocks Than SpaceX WSJMusk Leaves Investors Starstruck at Dimon's SpaceX Extravaganza Bloomberg.comElon Musk Is Dropping a Boulder in a Kiddie Pool
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Also in today's newsletter: global flight of the wealthy slows and a Japanese corporate scandal
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The cryptocurrency is likely to break below its lows hit in early February, traders on prediction market Kalshi believe.
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