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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
4 Articles
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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Total News Sources4
Leaning Left1Leaning Right2Center0Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
Factuality
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