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Tech Earnings Offset Tariff Fears as Nasdaq Hits Record High
Tech Earnings Offset Tariff Fears as Nasdaq Hits Record High
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BTCCSquare news:
U.S. stock indices showed resilience as robust tech earnings countered looming tariff concerns. The Nasdaq climbed to a record high, buoyed by Meta and Microsoft's strong quarterly results, while the Dow Jones dipped slightly amid losses in financial and consumer defensive sectors.
Investors are now turning their attention to Apple's upcoming earnings report, which is expected to reveal the tangible impact of Trump's proposed tariffs on globally distributed manufacturing. The WHITE House's 90-day extension of the Mexican tariff deadline offers temporary relief, but uncertainty lingers.
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