Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

S&P 500 drops sharply after strong jobs report, ending nine-week winning streak.

Market News
05 Jun 2026
ETF Trends
View Source
Bearish
pluang ai news

The S&P 500 experienced its largest single-day drop since April 2025, triggered by a stronger-than-expected jobs report that halted the index's upward momentum. This decline caused a 2.6% loss for the week, ending a nine-week winning streak. Despite recent volatility, the index remains above key moving averages, and year-to-date gains are positive compared to the S&P 500 Equal Weight Index. Investors should watch for further market reactions to economic data and volatility trends.

More News (IVV)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App