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BackStocks Fall Hard, Ending S&P 500's 9-Week Win Streak Amid Tech Sell-Off
Stocks Fall Hard, Ending S&P 500's 9-Week Win Streak Amid Tech Sell-Off
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CNBC05.06.2026Business

Stocks Fall Hard, Ending S&P 500's 9-Week Win Streak Amid Tech Sell-Off

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US stocks plummeted on Friday, likely ending the S&P 500's 9-week winning streak, driven by a sharp sell-off in tech and AI infrastructure stocks following Broadcom's conservative AI semiconductor revenue outlook, amidst expectations of higher interest rates post stronger-than-expected May jobs report.

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US stocks plummeted on Friday, likely ending the S&P 500's 9-week winning streak, driven by a sharp sell-off in tech and AI infrastructure stocks following Broadcom's conservative AI semiconductor revenue outlook, amidst expectations of higher interest rates post stronger-than-expected May jobs report.

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