Economics

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submitted 5 months ago* (last edited 5 months ago) by MicroWave@lemmy.world to c/economics@lemmy.world

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Summary

The Dow Jones fell 748 points Friday, marking its worst day of 2025, as investors reacted to weak economic data and inflation concerns.

Consumer sentiment dropped sharply, existing home sales declined, and U.S. services activity contracted.

Fears over Trump tariffs and spending cuts further rattled markets.

The S&P 500 and Nasdaq also saw significant declines as investors shifted away from riskier assets.

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[–] crank0271@lemmy.world 11 points 5 months ago* (last edited 5 months ago)

I'm fairly certain that investors were reacting to the question that guy on Lemmy posted yesterday (for insider trading advice, see: https://fedia.io/m/nostupidquestions@lemmy.world/t/1820389)