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N Nvidia and several major semiconductor companies saw stocks drop significantly, leading to broader market declines.
Nvidia and major semiconductor stocks led Friday's decline across Wall Street's major indexes.
KEY POINTS
- U.S. job growth in May reached 172,000, double analysts' forecasts, surprising markets.
- Markets now see a 98% chance of a Federal Reserve interest rate hike by year-end.
- Investors are closely monitoring the first Fed meeting led by new Chair Kevin Warsh.
COMPANIES
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