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Nasdaq 100 Notches Worst Day Since Late 2023, Worst Week Since Late 2022 As AI-Driven Chipmakers Tumble: Fed Can Take ‘The Rest Of The Year Off’

The Nasdaq 100 index had its worst day since late October 2023, with a 2.1% drop and fourth consecutive week of declines. Tech stocks have been hit hard by mixed earnings, geopolitical risks, and Fed's reluctance for rate cuts.


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Small Group Of Hedge Funds Wields Dominance In US Treasury Market: ‘A Concentration Of Vulnerability Has Built Up,’ IMF Warns

The IMF is concerned about highly-leveraged hedge funds dominating the U.S. Treasury futures market, which could lead to systemic threats and instability in the global economy.


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Stocks Edge Higher As Earnings Provide Support, Tesla Sinks To 15-Month Lows, Bitcoin Rebounds: What’s Driving Markets Thursday?

Stocks surged higher on Thursday, with the S&P 500 index aiming to snap a four-day losing streak as investors assess the latest wave of corporate earnings.