Stock Market Today: Nasdaq Sinks 4% On Rate-Hike Worries; Marvell Plunges In Semis Slide

The stock market suffered Friday, with the Nasdaq composite closing with its worst session in more than a year as it bore the brunt of rising yields following a strong U.S. jobs report. In a difficult day for semiconductor stocks, Marvell Technology (MRVL) and AI chip heavyweight Nvidia (NVDA) were slammed. The Nasdaq composite sank 4.2%, the steepest percentage loss…