NVDA Drops 6.48% as Treasury Yield Spike Pressures S&P 500
What happened
U.S. equity indexes declined sharply at midday on June 5, 2026, after a stronger-than-expected employment report pushed Treasury yields higher. The jobs data stoked concerns that the Federal Reserve may delay any rate reductions. NVDA fell 6.48% to $205.12 during the session. The selloff was broad-based, with growth and technology names among the hardest hit as higher yields compress the present value of future earnings.
The QL Read
QuantLogix's composite signal for NVDA stands at 56/100 following the 6.48% intraday drawdown to $205.12. Whether the score remains above the 50 midpoint may depend on the trajectory of Treasury yields in the next session.
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