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U.S. Stocks Fall Amid Tariff Jitters and Fed Chair Uncertainty
U.S. Stocks Fall Amid Tariff Jitters and Fed Chair Uncertainty
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U.S. stocks fell on Monday as tariffs and China’s threat to retaliate against countries siding with the U.S. in the trade war dictated sentiment. The Dow Jones Industrial Average, S&P 500, and Nasdaq all opened lower, with concerns around tariffs and President Trump’s push to replace Federal Reserve chair Jerome Powell. The S&P 500 was down 1.2%, the Nasdaq fell 1.5%, and the Dow shed over 360 points at open.
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