Two bearish catalysts are spurring significant sell-offs for Microsoft stock.
Microsoft ( MSFT -2.68% ) stock is moving lower in Friday's trading in response to a handful of bearish catalysts. The tech giant's share price was down 2.8% as of 3 p.m. ET. At the same point in the day's trading, the S&P 500 and the Nasdaq Composite were down 0.5% and 0.2%, respectively.
Stocks are broadly moving lower today as investors react to the latest U.S. jobs report from the Bureau of Labor Statistics (BLS). Microsoft's valuation is also slumping today in response to news that the Trump administration will be implementing tariffs on semiconductors that are manufactured in other countries.
Microsoft stock sinks on August jobs data
The BLS published its August jobs report this morning, and