Stock Market Plummets Amid Weak Economic Data and Disappointing Earnings

Reported 2 months ago

The US stock market experienced a significant downturn on Friday, with all three major indexes dropping sharply as investors reacted to a series of disappointing economic indicators and poor earnings reports from major tech firms like Amazon and Intel. The Dow plunged nearly 1,000 points, while the S&P 500 and Nasdaq Composite faced steep declines, raising concerns about the overall health of the economy and its potential impact on future Federal Reserve rate cuts.

Source: YAHOO

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