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Wall Street Tumbles as Robust Employment Data Sparks Fed Rate Hike Speculation
Source: Buzz FX / 05 Jun 2026 13:05:49 America/New_York
TLDR
- Major indices tumbled Friday with Nasdaq sinking 2.1%, S&P 500 declining 1.1%, and Dow losing 140 points
- Employment data revealed 172,000 new positions in May, significantly exceeding the 88,000 anticipated
- Robust labor market pu
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