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@ Layer3.news
2025-02-21 22:30:53
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US STOCKS DIP AMID CONCERNS OVER TARIFFS AND CONSUMER BELT-TIGHTENING
https://i.guim.co.uk/img/media/33f5e360c695d85051566c769f9d5faaa1a233eb/0_0_6000_3600/master/6000.jpg?width=140&quality=85&auto=format&fit=max&s=0d4d60c8c5481826e291c14fd297ff0a
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✍️ US stocks plummeted on Friday, extending a sell-off due to poor economic reports and concerns over tariffs and softening consumer demand.
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👉 Economic data showed US business activity decelerating and consumer sentiment deteriorating
👉 Tariffs and corporate earnings are driving market direction
👉 Uncertainty is sparking volatility
👉 Major sectors such as consumer discretionary and tech suffered significant losses
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#GregBassuk #ChrisWilliamson #DonaldTrump #NewYork #Chicago #business
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