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Explained: What caused Friday's drop in the US sharemarket?

Author
Newstalk ZB,
Publish Date
Mon, 8 Jun 2026, 7:29pm
Photo / AP
Photo / AP

Explained: What caused Friday's drop in the US sharemarket?

Author
Newstalk ZB,
Publish Date
Mon, 8 Jun 2026, 7:29pm

The US sharemarket took a hit last Friday, largely due to weakness in the information technology sector.

The semiconductor sector was hit hard, and experts are unpacking the economic implications.

Harbour Asset Management's Shane Solly explained further.

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