Event Dime
U.S. stocks plunge as prediction markets increase Fed rate hike odds amid solid jobs data
- When:
- June 6, 2026 ยท 2:26 AM
- Where:
- Aave seeks community backing for V4 launch on Circle's Arc blockchain
- Source:
- Aave seeks community backing for V4 launch on Circle's Arc blockchain
U.S. stocks and Wall Street suffered the sharpest selloffs in months on Friday, with traders seeing a higher chance of Federal Reserve interest rate hikes after May payroll figures from the Bureau of Labor Statistics exceeded expectations massively. The figures released on Friday from the Bureau stated that the economy added 172,000 jobs last month,...