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U.S. Stocks Dip Ahead of Fed Meeting as Trade Tensions Simmer
U.S. Stocks Dip Ahead of Fed Meeting as Trade Tensions Simmer
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The Dow Jones Industrial Average fell more than 200 points at Monday’s open, dragging the S&P 500 down 0.6% and the Nasdaq Composite 0.8% lower. market sentiment soured as investors braced for a pivotal Federal Reserve meeting and escalating trade tensions.
President Trump’s surprise tariff threat on foreign media—including a 100% levy on non-U.S. films—reignited trade war anxieties. This overshadowed last week’s modest gains, leaving risk assets in a precarious position ahead of key macroeconomic developments.
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