u/TorukMaktoM ·
Reddit — r/FluentInFinance
· June 05, 2026 at 20:29
· ⬆ 61 pts
· 💬 22 comments
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AI Summary
Summary
The post reports a sharp market decline on June 5, 2026, triggered by a jobs report that far exceeded expectations, causing a “good news is bad news” selloff across stocks, bonds, commodities, and crypto.
The author provides only a factual recap of index moves, VIX spike, and sector performance without offering a personal thesis or forward-looking analysis.
Quality assessment: This is noise – a news recap with no original research, analysis, or trade rationale.
Score61
Comments22
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▶ Full Post Text
The major U.S. stock indexes ended **sharply lower** on Friday, **June 5, 2026**, as a stunning jobs report that more than doubled forecasts triggered a brutal "good news is bad news" selloff. The **Nasdaq suffered its worst single day since February**, and the **VIX spiked 37%** in one of the most volatile closes of the year. Wall Street's ten-week winning streak is officially over.
The **S&P 500** plunged **2.64%** (-200.57 pts) to **7,383.74.** The **Dow** dropped **1.35%** (-695.15 pts) to **50,866.78.** The **Nasdaq** cratered **4.18%** (-1,121.53 pts) to **25,709.43.** The **Russell 2000** tumbled **3.47%** (-101.83 pts) to **2,833.50.**
The **VIX** exploded **37.36%** to **21.15**, its highest level since March. **Bitcoin** plunged **4.28%** to **$60,849.98**, now down nearly 25% from its recent high. **Gold** sold off **3.67%** to **$4,339.90.** **Brent Crude Oil** eased **2.05%** to **$93.08/barrel.**