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Barchart
Rich Asplund

UNBELIEVABLE: Stocks settle sharply lower on economic risks - The Untold Story

On United States Nasdaq SP Donald Trump US Federal Reserve Inflation

The S&P 500 Index ($SPX) (SPY) Friday closed down -1.60%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.96%.  September E-mini S&P futures (ESU25) fell -1.67%, and September E-mini Nasdaq futures (NQU25) fell -2.03%.

Stock indexes plunged on Friday, with the S&P 500 and Nasdaq 100 sliding to 2-week lows and the Dow Jones Industrials falling to a 5-week low.  Stocks retreated on Friday due to concerns that tariffs will curb economic growth, and the decline accelerated after weaker-than-expected US reports on monthly payrolls and manufacturing activity heightened economic concerns and sparked risk-off sentiment in asset markets. 

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