General · 6 June 2026
US tech stocks see biggest drop since 2025
US stock markets saw a sharp drop on Friday, especially for tech companies, as investors worried about their high valuations. A surprisingly strong US jobs report for April made investors fear the Federal Reserve will keep interest rates higher for longer. The tech-heavy Nasdaq index had its biggest one-day fall since April 2025, dropping more than 4%.
Reported by BBC · How we write briefs