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Nasdaq Plunges 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks plummeted amid Fed rate hike bets following strong jobs data.
VIX Spikes 39.7% as Tech Selloff Triggers Wall Street Fear, June 06
VIX surges 39.7% to 21.51 as tech stocks plunge on rate hike fears. Nasdaq falls 4%, S&P 500 drops 2.6% in worst day since October.
BNB USD Falls 5.46% Daily: BNBUSD Tests $560 Support
BNB USD drops 5.46% daily to $575.96. Technical analysis shows oversold RSI at 33.58 and bearish MACD. Price targets and forecast included.
Solana USD Plunges 7.15% Daily: SOLUSD Tests $62 Support
Solana USD drops 7.15% daily to $62.03. Technical analysis shows oversold RSI at 20, strong ADX trend, and key support at $66.79.
PHLX Chip Index Crashes 10.3% on Broadcom Shock, June 06
PHLX Semiconductor Index drops 10.3% on June 05, erasing $1.3 trillion in market value amid weak AI chip demand.
HSBC Stock Falls 3.1% as Hong Kong Shares Weaken, June 06
HSBC stock fell 3.1% to HK$141.80. The bank offers 10% deposit rates, with Meyka rating it B+ and targeting HK$169.38 in 12 months.
Ethereum USD Drops 11% Daily: ETHUSD at $1,571 Support
ETHUSD falls 11.04% today to $1,571. RSI oversold at 15.4, strong downtrend with ADX 35.3. Forecast targets $2,507 monthly.
China Coast Guard Clashes With Taiwan Near Pratas Islands, June 06
Taiwan coast guard clashes with China near Pratas Islands. Japan and Philippines deepen defense partnership amid rising maritime tensions.
Japan Theft Crimes Surge as Self-Checkout Fraud Spreads, June 06
Japan’s theft crimes surge as self-checkout fraud spreads. Tokyo police arrest gang leader in 10 million yen burglary case.