US stock markets today (June 5, 2026): S&P 500, Nasdaq fall as tech stocks slide; strong jobs data dims rate-cut hopes

US stocks ended lower on Friday, with technology shares leading the decline, as a stronger-than-expected jobs report reduced expectations of interest rate cuts by the Federal Reserve this year.The S&P 500 fell 0.7%, while the Dow Jones Industrial Average declined 81 points, or 0.2%. The tech-heavy Nasdaq Composite dropped 1.4%, weighed down by losses in…

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Drug smugglers Baltej Singh and Himatjit Kahlon lose final bid to overturn jail terms in NZ’s largest meth importation case

Two men behind New Zealand’s largest-ever methamphetamine importation operation have failed in their final attempt to overturn prison sentences of more than 20 years, after the country’s supreme court dismissed their applications for leave to appeal.Baltej Singh and Himatjit Singh Kahlon were convicted over an international drug trafficking network that imported up to 741kg of…

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‘Reform Express’ to drive economic momentum amid global challenges: FM Sitharaman

Finance minister Nirmala Sitharaman on Friday said the government remains committed to driving the “Reform Express” through decisive policy measures to sustain economic momentum despite global challenges, even as the Reserve Bank of India lowered its FY27 growth forecast.Earlier in the day, the RBI cut its GDP growth projection for FY27 to 6.6% from 6.9%…

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Henry Nowak case: How handcuffed UK student’s murder by Sikh man sparked national outrage – timeline of events

Henry Nowak (left) was killed by Vikram Singh Digwa (right) The murder of 18-year-old Henry Nowak by Sikh man Vickrum Singh Digwa sparked national outrage after police bodycam footage showed the Southampton student being handcuffed moments after he was stabbed. The incident triggered protests across the UK and drew reactions from prominent figures, ranging from…

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Protecting rupee, forex & economy: Will government, RBI measures on attracting foreign capital help?

Experts are of the view that India’s bonds have been made attractive. (AI image) Looking to preserve its foreign exchange reserves and defend the rupee, the government and the Reserve Bank of India on Friday announced several steps aimed at attracting foreign inflows. Record foreign capital outflows amid the ongoing US-Iran conflict have added immense…

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    Pakistan’s $35 billion trade deficit rings alarm bells as PKR faces pressure despite forex gain

    Pakistan’s foreign exchange reserves are nearing the government’s $18 billion target for FY26, but a widening trade deficit, mounting external payment obligations and pressure on the rupee are raising concerns about the country’s economic stability, PTI reported.Data released by the State Bank of Pakistan (SBP) showed the country’s foreign exchange reserves increased by $43 million…

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    Ajay Devgn’s ‘Drishyam 3’ Hindi version may differ from Malayalam original; ‘KGF’ fame Ravi Basrur to compose music |

    Ajay Devgn’s Hindi version of ‘Drishyam 3’, releasing on October 2, is set to differ significantly from the original Malayalam film, with the makers having drastically altered the plot and twists. Adding to the excitement, acclaimed KGF composer Ravi Basrur has been brought on board to compose the music. After news that the Hindi version…

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    BCCI confirms timings of Team India squad announcement for Ireland, England T20Is: All you need to know | Cricket News

    Suryakumar Yadav and Shreyas Iyer (PTI Photo) NEW DELHI: The Board of Control for Cricket in India (BCCI) has confirmed that the men’s selection committee will meet on Saturday to finalise India’s squads for the upcoming white-ball tour of Ireland and England.According to a BCCI release, the selection meeting will be held at the board’s…

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      ‘Success of reforms and hard work of 140 crore Indians’: PM Modi hails 7.7% GDP growth in FY26

      Hailing India’s 7.7% GDP growth in FY26, Prime Minister Narendra Modi on Friday said the expansion reflected the “inherent strength” of the economy, the “success of reforms” and the “hard work of 140 crore Indians”.“India’s growth momentum remains strong! GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 reflect…

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      Norway Chess: How R Praggnanandhaa can win 2026 title in a three-way battle – all scenarios explained | Chess News

      R Praggnanandhaa (Photo by Michal Walusza for Norway Chess) NEW DELHI: The Norway Chess 2026 title race is heading for a dramatic finale, with three players still in contention and just one round left to play. India’s Praggnanandhaa Rameshbabu remains firmly in the hunt and will enter the final day knowing the championship is within…

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