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Stocks sink, recession fears rise and Boeing has a new CEO

Summary by Fox Business
Anemic job growth, manufacturing data slams stocks Dow, S&P 500 post steep weekly losses; Nasdaq falls into correction territory  Recession predictor lights up, spooking Wall Street Fed Chair Jerome Powell cements September rate cut hopesCrypto is becoming a hot topic on the campaign trail  Boeing names new CEO Chevron kisses California goodbye JOBS JOLT: U.S. employers slowed hiring, and the unemployment rate spiked higher, a lethal combo for i…

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Fox Business broke the news in United States on Friday, August 2, 2024.
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