Stock market today: Nasdaq plunges 4%, Dow and S&P 500 sink as AI trade halts on Fed hike bets
US stocks fell sharply on Friday, with tech leading the way down after May's jobs report blew past expectations, while a rotation out of tech stocks and chipmakers continued. The Dow Jones Industrial Average (^DJI) fell 1.3%. The benchmark S&P 500 (^GSPC) sank 2.6%, while the tech-heavy Nasdaq Compo…