Wall Street Review: Techs Sell Off Amid Profit-Taking, Rising Bond Yields

Traders work on the floor of the New York Stock Exchange on June 4, 2026. Michael M. Santiago/Getty ImagesWall Street’s weekslong stock rally came to an abrupt halt this week amid a tech sell-off driven by profit-taking and rising bond yields, following another robust jobs report.For the week, the Dow Jones Industrial Average edged down by 0.32 percent to close at 50,866. The S&P 500 fell by 2.59 percent to 7,383. The Nasdaq Composite sank by 4.68 percent, while the Russell 2000 dropped by 2.94 percent.