Why Stocks Are Diving After a Strong May Jobs Report

What this episode covers

P.M. Edition for June 5. The U.S. added 172,000 jobs in May, the third month in a row of steady gains. Economics reporter Matt Grossman explains why job-seekers may not be sharing that optimism. Plus, a sharp selloff in tech stocks led the Nasdaq to its worst day of 2026. What’s News in Markets host Imani Moise says investors are worried about higher interest rates and AI demand. And… a $419 hotel tab on a family vacation? DoorDash orders totaling $1,576? Scott Calvert discusses how public watchdogs are blowing the whistle on local officials’ spending, and why taxpayers are so angry about it. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Frequently Asked Questions

How long is this episode of WSJ What’s News?

This episode is 13 minutes long.

When was this WSJ What’s News episode published?

This episode was published on June 5, 2026.

What is this episode about?

P.M. Edition for June 5. The U.S. added 172,000 jobs in May, the third month in a row of steady gains. Economics reporter Matt Grossman explains why job-seekers may not be sharing that optimism. Plus, a sharp selloff in tech stocks led the Nasdaq to...

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