ReferIndia News Tech Stocks Tumble as Wall Street Winning Streak Ends

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Tech Stocks Tumble as Wall Street Winning Streak Ends

Published on: June 6, 2026, 2:04 a.m. | Source: Devdiscourse

Wall Street's nine-week winning streak ended with a steep drop in technology stocks. A strong May jobs report stoked fears of a hawkish Federal Reserve policy, triggering significant sell-offs in technology favorites. The stock market's reaction was primarily impacted by positioning and geopolitical tensions in the Middle East.

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