US stock market today: Nasdaq, S&P 500 futures drop up to 1% as investors rotate out of chip stocks

Chip stocks rally stalls, leading to shift in investor focus. US-Iran peace talks and ceasefire in focus. Labor Department to report job gains amid economic uncertainty and high energy prices.

Jun 5, 2026 - 18:00
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US stock market today: Nasdaq, S&P 500 futures drop up to 1% as investors rotate out of chip stocks
Chip stocks rally stalls, leading to shift in investor focus. US-Iran peace talks and ceasefire in focus. Labor Department to report job gains amid economic uncertainty and high energy prices.

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