Dow tumbles 800 points as inflation and tariff fears mount
- U.S. Stocks fell sharply on Friday, with the Dow Jones Industrial Average dropping 800 points, or 1.7%, due to economic concerns over inflation and tariff policies.
- The University of Michigan's survey revealed a steep 10% decline in U.S. Consumer sentiment for February, primarily driven by fears of rising inflation.
- Chris Williamson, chief business economist at S&P Global Market Intelligence, stated that companies report widespread concerns about federal government policies impacting the economy.
- Despite the market plunge, stocks remain near all-time highs, with no immediate evidence of a recession as confirmed by economic analysts.
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36 Articles
36 Articles
All
Left
9
Center
12
Right
4
Coverage Details
Total News Sources36
Leaning Left9Leaning Right4Center12Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 36%
C 48%
R 16%
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