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US stock market experiences significant sell-off amid slowing economic growth and stubborn inflation /
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2024-05-23 20:02:21

US stock market experiences significant sell-off amid slowing economic growth and stubborn inflation on Nostr: US and Australian Stock Markets Retreat as Concerns about High Interest Rates Persist ...

US and Australian Stock Markets Retreat as Concerns about High Interest Rates Persist
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#2a20916d ver:0.38

US and Australian stock markets retreat as concerns about high interest rates persist. US stocks closed lower as investors bet on interest rate cuts, but Federal Reserve officials expressed concerns about inflation and raising rates. Walmart rose 7%, Deere dropped 4.8%, and meme stocks continued to decline. Australian stocks are set to slump as strong economic reports raise the possibility of high interest rates. Traders rethink bets on Federal Reserve relief. China's military actions also contribute to market uncertainty. #StockMarket #InterestRates #FederalReserve #Economy...

#newstr #UsStockMarket #AustralianStockMarket #InterestRates #FederalReserve #China #Taiwan #Commodities

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