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Stocks and Crypto Tumble After CEOs Raise Concerns of a Market Pullback

CEOs of Goldman Sachs and Morgan Stanley warn of a 10% to 15% market drawdown driven by high tech stock concentration, with AI stocks accounting for 75% of S&P 500 returns, JPMorgan said.

Summary by NBC News
The global stock rally hit a wall Tuesday, dragged lower by artificial intelligence and tech companies

4 Articles

US stocks fell sharply today. The heads of leading US banks Morgan Stanley and Goldman Sachs warned that stock markets could now be heading for a decline. This fueled concerns that share prices have already climbed to too high levels. The Dow Jones Industrial Average, which includes shares of 30 leading US companies, lost 0.53 percent to 47,085.24 points today. The broader S&P 500 index fell 1.17 percent to 6,771.54 points and the Nasdaq Composi…

·Bratislava Region, Slovakia
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Zero Hedge broke the news in United States on Tuesday, November 4, 2025.
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