Stock Market on June 5, 2026: Dow falls 695 points after U.S. jobs report; S&P 500 and Nasdaq end sharply lower to book biggest percentage drops since 2025 after big losses in tech sector; Treasury yields jump - MarketWatch
SkimNews Take
The market's sharp decline following a weak jobs report suggests that investors are more concerned with the immediate implications of economic slowdown than the potential for a less aggressive Federal Reserve.
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- Dow fell 695 points after the U.S. jobs report.
- S&P 500 ended sharply lower, posting its biggest percentage drop since 2025 after tech‑sector losses.
- Nasdaq fell 4% and suffered its worst day since April 2025 as traders fled chip stocks.
- Treasury yields jumped.
Why it matters: Investors see portfolio losses as the Dow’s 695‑point plunge and Nasdaq’s 4% drop erode equity values, while higher Treasury yields increase borrowing costs for corporations and the government.
