US Stock Market Slumps as Chip Stocks Fall After Jobs Data

Live market coverage showed a sharp decline in major US indices. The Dow Jones and Nasdaq futures fell sharply during the session. The S&P 500 dropped after a jobs report surprised investors. Chip sector stocks led the sell‑off, pulling the broader market lower. SpaceX activity was noted among the market moves. Traders cited weaker employment data as the catalyst for the downturn. The composite index reflected the broad-based weakness. Analysts warned the volatility could continue if economic data remains mixed.