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U.S. Stocks Show Significant Rebound But Still Post Steep Weekly Losses

  • U.S. Stocks experienced a significant rally on Friday, with the S&P 500 rising 2.1% and the Nasdaq climbing 2.6%, but still recorded a fourth straight weekly decline, marking its longest losing streak since August.
  • China reported stronger factory data, with industrial output increasing nearly 6% year-over-year, while the property market continues to show weakness, with home prices falling.
  • Ulta Beauty's stock surged 13.7% after reporting stronger profits than analysts expected, contributing positively to the overall market rebound.
  • Consumers in the U.S. Are becoming increasingly uncertain due to ongoing tariff discussions, with a survey from the University of Michigan indicating rising worries among households.
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CNBC broke the news in United States on Thursday, March 13, 2025.
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