Nasdaq · June 5, 2026
Chips and payrolls landed on the same day
-4.18%
single-day change vs previous close
What happened that day?
- On 5 June 2026 the Nasdaq fell 4.18%
- A large chipmaker had reported the evening before and did not raise its outlook for AI chips. Everyone had assumed it would
- That same morning the May jobs report came in at more than double the forecast — roughly 172,000 against an expected 80,000
- Strong hiring removes the reason to cut rates. The arithmetic shifted toward a possible hike instead
- Weak chips and higher rates landed on the same session, and Treasury yields rose with it
- It was the Nasdaq's worst single day since the tariff shock of 2025
- From the peak the index was down 9.78%
Sources
Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.