ReferIndia News Wall Street's Winning Streak Ends Amid Tech Stock Tumble

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Wall Street's Winning Streak Ends Amid Tech Stock Tumble

Published on: June 6, 2026, 1:31 a.m. | Source: Devdiscourse

Wall Street's record nine-week winning streak was snapped as technology stocks fell sharply. The decline was triggered by a stronger-than-expected jobs report, fueling concerns over a potential policy shift by the U.S. Federal Reserve. Chip stocks and tech favorites led the downturn, ending major indexes' upward runs.

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