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NASDAQ:NOTV 5 June 2026

Stock Market Today

  • US Stock Indexes Plunge as Tech Stocks Fall Amid Strong Payrolls Report
    June 5, 2026, 1:36 PM EDT. US stock indexes fell sharply, with the S&P 500 down 1.00%, Dow Jones down 0.26%, and Nasdaq 100 dropping 2.08%, hitting two-week lows. The selloff was driven by rotation out of AI-infrastructure and semiconductor stocks after Broadcom's weaker-than-expected chip sales outlook. Stronger-than-expected May US payrolls (+172,000 vs 88,000 forecast) and upward revisions to April jobs lifted Treasury yields, increasing Fed rate hike expectations. The 10-year Treasury yield rose to 4.54%, its highest in two weeks. Crude oil prices dropped over 2% amid stalled US-Iran interim peace talks. With 83% of S&P 500 Q1 earnings beating forecasts, tech sector earnings gains slow, contributing to market caution. Global stocks also declined, led by Europe's Euro Stoxx 50 and Asia's Shanghai Composite and Nikkei.

Latest articles

Inotiv Shares Jump After Bankruptcy, But Filing Warns On Loss

Inotiv Shares Jump After Bankruptcy, But Filing Warns On Loss

5 June 2026
Inotiv shares more than doubled to $0.2113 on massive volume after the company filed for Chapter 11, warning its restructuring plan will cancel all existing common shares with no payout to current holders and take the company private if approved, leaving current investors at risk of losing their entire investment.
IREN Stock Down Despite 800MW AI Data Center Deal

IREN Stock Down Despite 800MW AI Data Center Deal

5 June 2026
IREN shares plunged 13.9% to $53.29 after announcing an 800MW South Australia data-center campus and closing a $3.65 billion GPU financing facility, as investors sold AI and crypto-linked stocks amid a sharp Nasdaq selloff and falling bitcoin prices; B. Riley raised its price target to $96 but cut near-term EBITDA estimates.
Plug Power Stock Drops Again as Cash Doubts Linger

Plug Power Stock Drops Again as Cash Doubts Linger

5 June 2026
Plug Power shares plunged nearly 12% to $3.17 as investors shrugged off a $39.2 million tax credit sale and focused on ongoing liquidity concerns ahead of the June 11 annual meeting, with management warning that delays in asset monetization or financing could intensify cash pressures and risk further dilution.
Vanguard Growth ETF’s Low Fees Draw Focus as AI Surge Faces Scrutiny

Vanguard Growth ETF’s Low Fees Draw Focus as AI Surge Faces Scrutiny

5 June 2026
Vanguard Growth ETF plunged 2.7% to $86.79 Friday as a tech-led selloff hit top holdings like Nvidia, Apple, and Microsoft, despite a 27.64% one-year gain and ultra-low 0.03% fee; the drop followed a strong U.S. jobs report that pushed rate-hike bets higher and triggered a sharp reversal in growth and chip stocks.
Chipotle Up on JPMorgan Upgrade, Tough Test Still Looms

Chipotle Up on JPMorgan Upgrade, Tough Test Still Looms

5 June 2026
Chipotle shares jumped 4.8% to $29.54 after JPMorgan upgraded the stock to Overweight with a $35 target, citing “much more risk-weighted upside than downside” at current levels following a rare valuation reset after a six-day losing streak.
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