Dow tumbles 800 points as inflation and tariff fears mount
- U.S. Stocks saw a significant drop, with the Dow Jones Industrial Average falling 748 points amid rising inflation and tariff concerns.
- The University of Michigan reported a 10% decline in U.S. Consumer sentiment in February, driven by fears of price increases due to President Trump's tariffs.
- Chris Williamson, chief business economist at S&P Global Market Intelligence, remarked on widespread concerns about federal government policies affecting businesses.
- Despite the stock market's decline, analysts see no evidence of an impending recession, with the market still close to all-time highs.
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33 Articles
33 Articles
All
Left
9
Center
12
Right
4
Coverage Details
Total News Sources33
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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