Stocks have moved notably lower during trading on Friday, with the major averages all moving to the downside after ending the previous session mixed. The tech-heavy Nasdaq has shown a particularly steep drop.
Currently, the major averages are off their worst levels but still firmly negative. The Nasdaq is down 468.14 points or 1.7 percent at 26,362.82, the S&P 500 is down 70.59 points or 0.9 percent at 7,513.72 and the Dow is down 134.87 points or 0.3 percent at 51,427.06.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.