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@ Layer3.news
2025-02-24 11:32:39
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqg9c77w07e4jukfmpzj7hfnza8wt7wmzd4t99esm8wxd39g2wue68qvwn799
MORNING BID: CLOUDS GATHER ON WALL ST AS GERMAN MIDCAPS SURGE
https://media.zenfs.com/en/reuters-finance.com/d8bbf4b4e633e6c72d4b682d3b0ada41
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✍️ Global investors are cautious after a string of soft economic readings from the US, including a decline in retail sales and service sector activity, leading to a decline in stock markets.
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👉 US economic expansion is showing signs of slowing down
👉 Retail sales and service sector activity decline
👉 S&P 500, Nasdaq, and Russell 2000 plunge 1.7%, 2.2%, and 3% respectively
👉 Russell 2000 turns negative for the year
👉 Growing fears of a recession
👉 High-yield credit markets wobble
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#MikeDolan #DonaldTrump #FriedrichMerz #WarrenBuffett #US #Germany #Europe #business
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