2026-06-06
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Hey, listeners, it's Saturday, June 6th.
I'm Imani Moise for The Wall Street Journal.
And this is what's news in markets,
our look at the biggest stock moves of the week and the news that drove them.
Let's dive in.
Markets hit the brakes this week, with major indexes falling after setting record highs just last week.
A strong jobs report and rising tensions in the Middle East stoked fears about inflation.
A conservative revenue outlook from one of the world's biggest chipmakers caused investors
to question whether AI growth expectations were beginning to lose touch with reality.
And a sale by one of Bitcoin's biggest bulls triggered a crypto sell-off.
The tech-heavy Nasdaq tumbled 4.7 percent.
And the S&P snapped a nine-week winning streak, ending 2.6% lower.
Those were the worst weekly declines for those indexes so far this year.
The Dow declined 0.3%.