Business

Stock Market Plummets

Updated 2026-06-05 22:45 UTC 2 sources Negative

The Nasdaq Composite experienced its largest one-day point drop on record, with the S&P 500 also seeing significant losses. Investors are concerned about potential regulatory pressures on Big Tech companies.

Coverage timeline — 2 articles

BBC News

US stocks slump as fears over Big Tech shake Wall Street

The Nasdaq saw its biggest daily fall since early 2025.

2026-06-05 21:38 UTC

MarketWatch

S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record. Here’s what investors need to know about Friday’s selloff.

A remarkable two-month sprint higher for major stock-market indexes encountered its first major hiccup on Friday as the Nasdaq Composite plummeted more than 1,121 points — the biggest one day point drop on record, according to Dow Jones Market Data.

2026-06-05 22:27 UTC