ReferIndia News Markets Tumble Amid Rising Rate Fears and Middle East Tensions

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Markets Tumble Amid Rising Rate Fears and Middle East Tensions

Published on: June 6, 2026, 2:33 a.m. | Source: Devdiscourse

Shares fell sharply as a strong jobs report led to expectations of a rate hike by the Federal Reserve. Middle East tensions further fueled market anxiety, resulting in significant losses in technology stocks, including Nvidia and Broadcom. Oil and currencies faced mixed reactions amid ongoing geopolitical concerns.

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