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Dow Jones Recovers from H-1B Visa Policy Shock as Tech Stocks Rally
Dow Jones Recovers from H-1B Visa Policy Shock as Tech Stocks Rally
20
3
BTCCSquare news:
The Dow Jones Industrial Average (DJIA) clawed back early losses Monday after an initial dip triggered by the Trump administration's abrupt hike in H-1B visa fees to $100,000. Tech heavyweights like Amazon (AMZN) and Microsoft (MSFT) briefly recalled overseas visa holders before the White House clarified existing workers wouldn't face retroactive charges.
Indian nationals—comprising 70% of recent H-1B recipients—face disproportionate impact, with New Delhi warning of potential humanitarian fallout for affected families. The visa turmoil briefly overshadowed a separate WHITE House teaser about an upcoming autism treatment announcement involving repurposed drug leucovorin.
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