New Fed Chairman Kevin Warsh Is Now in a Position Where Rate Cuts Are Virtually Impossible, and the Stock Market Could Pay the Price
https://finance.yahoo.com/economy/policy/articles/fed-chairman-kevin-warsh-now-101900872.html

May jobs report, Quantinuum's IPO and more: Morning Squawk

https://www.cnbc.com/2026/06/05/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare

Live: Jobs report reveal
https://finance.yahoo.com/economy/article/jobs-report-smashes-expectations-with-payroll-growth-of-172000-145525440.html


#QuarterChart
https://vt.tiktok.com/ZSQ8HsSxm/

10-year Treasury yield shoots higher above 4.53% after strong jobs report

https://www.cnbc.com/2026/06/05/treasury-yields-ease-as-traders-await-key-labor-market-data-.html?__source=androidappshare

No tech, no problem. Dow makes record and traders think these stocks can lead

https://www.cnbc.com/2026/06/05/no-tech-no-problem-dow-makes-record-and-traders-think-these-stocks-can-lead-now.html?__source=androidappshare

Stocks making the biggest moves premarket: Lululemon, Micron, Strategy & more

https://www.cnbc.com/2026/06/05/stocks-making-the-biggest-moves-premarket-lulu-mu-ttan.html?__source=androidappshare

#USMarketUpdate
Nasdaq falls the most in nearly 8 months as chips tumble; S&P 500′s 9-week winning streak set to end:

Live updates


https://www.cnbc.com/2026/06/04/stock-market-today-live-updates.html?__source=androidappshare

The jobs report had its own 'Magnificent Three'
https://finance.yahoo.com/economy/article/the-jobs-report-had-its-own-magnificent-three-150634096.html

Elon Musk poised to be world's first trillionaire
https://finance.yahoo.com/markets/article/elon-musk-poised-to-be-worlds-first-trillionaire-143438498.html

#USMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq sink as jobs report fuels Fed hike bets, chip stocks sell off

Live updates

https://finance.yahoo.com/markets/live/stock-market-today-sp-500-nasdaq-slide-as-jobs-report-fuels-fed-rate-hike-bets-230134763.html

Model routing is a fix for AI overspending. That's a problem for OpenAI and Anthropic

https://www.cnbc.com/2026/06/05/model-routing-on-ai-is-a-problem-for-openai-and-anthropic.html?__source=androidappshare

#USMarketUpdate
Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears | Reuters

SUMMARY
Indexes down: Dow 1.35%, S&P 2.64%, Nasdaq 4.18%
Semiconductors suffer biggest daily percentage drop since March 2020
S&P 500 snaps 9-week streak of Friday-to-Friday gains
US adds 172,000 jobs in May, double analyst expectations

NEW YORK, June 5 (Reuters) - Wall Street’s nine-week winning streak ended with a thud on Friday, as red-hot technology stocks suffered their largest daily decline since ​April 2025 after a hot May jobs report fueled fears of a hawkish policy pivot from the U.S. Federal Reserve.

Selling was concentrated among chip stocks and ‌other technology favorites that have surged higher in recent weeks as the Nasdaq Composite Index (.IXIC), opens new tab and S&P 500 (.SPX), opens new tab rose repeatedly to fresh highs.



https://www.reuters.com/business/nasdaq-sp-futures-slip-semiconductors-drag-payrolls-focus-2026-06-05/

Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
https://www.straitstimes.com/business/companies-markets/wall-street-ends-sharply-lower-as-chips-slide-jobs-data-fuels-rate-hike-fears

While You Were Sleeping: 5 stories you might have missed, June 6, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-6-2026

Wall Street's hottest trade is cracking in a trillion-dollar wipeout

Chip stocks turned a rough session on Friday into a rout, with the semiconductor complex suffering its worst drop since April 2025, erasing more than $1 trillion in market value as the AI trade buckled.

The damage was heavy, but it was not evenly distributed.

A Yahoo Finance screen of semiconductor stocks shows the group wiping out about $1.4 trillion in market value Friday, with the 10 biggest decliners accounting for $1.1 trillion of that hit.

https://finance.yahoo.com/markets/article/wall-streets-hottest-trade-is-cracking-184540547.html

Moon hotels, Mars cities: What Musk told Dimon about SpaceX's ambitions
https://finance.yahoo.com/markets/article/elon-musk-reveals-spacexs-goals-to-jamie-dimon-from-vacationing-on-the-moon-to-living-on-mars-194913923.html

Trump says his team will 'look into' US taking stake in AI companies
https://finance.yahoo.com/sectors/technology/articles/trump-says-team-look-u-182943171.html

#WeekAhead by Investopedia, Yahoo Finance and Reuters
#Calendar by Investing.com
#Earnings by Earnings Whisper
#USMarketUpdate by Reuters, Investopedia, CNBC and Yahoo Finance
#TradingDay #MarketMind by Reuters
#MarketsWrap by Bloomberg
#SgMarketUpdate by Business Times
#HKMarketUpdate by Reuters and Trading Economics

Morning Briefing: Top stories from The Straits Times on June 6, 2026

https://str.sg/6ZKc

https://youtube.com/shorts/-QZM7NqLDt4?si=0NK3t7M6hMhsd8pN

US-Iran Standoff Drags On as Conflict Nears 100-Day Mark
https://finance.yahoo.com/sectors/energy/articles/us-iran-stalemate-drags-conflict-182614190.html