Market Data Evidence

The Philadelphia Semiconductor Index (SOX) plunged ~10.3% on Friday June 5, its largest single-day percentage drop since March 2020, erasing well over $1 trillion (estimates ~$1.3T) in market value. The rate spike after the hot jobs report combined with lingering disappointment over Broadcom's failure to raise its FY2027 AI guidance to trigger a sector-wide de-rating. The SOX has no sec.<ticker> instance in the securities baseline - aboutSecurity omitted.

Provenance — node opacity = source trust
Evidence Strength
Strong
Evidence Observed At
Jun 5, 2026 · 8:00 PM UTC
Citation
https://www.cnbc.com/2026/06/04/stock-market-today-live-updates.html
Citation Source
cnbc
Market Metric
Session Percent Move
Observed Value
-10.3