Jobs Shock Slams Nasdaq 4% While Gold and Silver Collapse

On today's episode of Market Brief – After Hours, a much hotter-than-expected US jobs report sent shockwaves through global markets, triggering a violent tech sell-off and a surge in Treasury yields. The Nasdaq suffered its worst single-day decline in over a year, with semiconductor names leading the carnage, while precious metals took a brutal hit as the dollar surged. We also cover the major technical breakdowns across EUR/USD, GBP/USD, and AUD/USD, Bitcoin cracking below $60,000, and what the looming SpaceX IPO had to do with the chaos on Wall Street. Hosted on Acast. See acast.com/privacy for more information.