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U.S. Equities Slide Amid Fed Meeting Anticipation and Tariff Uncertainty
U.S. Equities Slide Amid Fed Meeting Anticipation and Tariff Uncertainty
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U.S. stocks opened lower on Tuesday, May 6, as market participants braced for the Federal Reserve’s policy meeting and assessed the implications of ongoing tariff tensions. The S&P 500 declined 0.8%, while the Dow Jones Industrial Average futures dropped more than 300 points. The Nasdaq Composite led losses, shedding over 1.1% amid a broad tech selloff.
Notable decliners included Nvidia, Meta Platforms, and Tesla, all down more than 1% at the open. Goldman Sachs, Lucid, and Palantir also extended premarket losses. Investor focus remains split between monetary policy signals and trade policy risks, with former President Trump’s remarks adding to the uncertainty.
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