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Markets Try To Break 4-Week Losing Streak
- European markets are expected to decline, with Germany's DAX and France's CAC 40 projected to drop by 0.6% and 0.5%, respectively, as investors assess economic conditions.
- The Bank of England stated that uncertainty from global trade policies has intensified, affecting market sentiment.
- Major indices closed lower after four weeks of losses, with only 37% of stocks above their 50-day average.
- Both Nike and FedEx provided pessimistic outlooks, reflecting ongoing consumer uncertainty and economic challenges, with FedEx's stock dropping 8% in premarket trading.
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Sydney Morning Herald+2 Reposted by 2 other sources
ASX in the slow lane with big banks the only bright spot
The Australian sharemarket has made a sedate start to the week, with investors in a cautious mood ahead of the US tariffs deadline, and mining giants down on subdued prices.
·Sydney, Australia
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What the stock market dip means for people with 401(k)s
NORTH DAKOTA (KXNET) — Stocks recently took a tumble as concerns grew over the economic impact of tariffs. The benchmark S&P 500 was able to avoid correction territory, and ended down 0.76%, which was up from a daily low. The Dow Jones Industrial Average dipped 1.14%, and the Nasdaq fell 0.18%. Investment strategists say that this dip isn't a reason for people of all ages with retirement accounts — 401(k)s — to panic. "The people who would be hu…
·North Dakota, United States
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Coverage Details
Total News Sources70
Leaning Left15Leaning Right7Center23Last UpdatedBias Distribution51% Center
Bias Distribution
- 51% of the sources are Center
51% Center
L 33%
C 51%
R 16%
Factuality
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