Market Update: MAG 7 Stocks Decline, Gold Prices Surge, Bausch + Lomb Recall

Reported 3 days ago

In the latest market developments, the 'Magnificent Seven' stocks have contributed to a decline in the stock market, with Amazon, Tesla, and Meta among the hardest hit. Gold prices have reached new heights amid inflation fears and a weaker US dollar, while Bausch + Lomb faces challenges after announcing a voluntary recall of its intraocular lenses and receiving a downgrade from Wells Fargo.

Source: YAHOO

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