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Stocks Slide as Powell Warns ‘Higher for Longer’—Tech Giants’ Mixed Earnings Rattle Wall Street
Published 5 months, 4 weeks ago
Description
U.S. markets opened lower after Fed Chair Jerome Powell signaled interest rates may stay elevated, shaking investor confidence. Mixed earnings from Amazon, Apple, and Meta added to volatility, raising fresh doubts about the durability of the tech-driven market rally.
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