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US stocks tumble as businesses and consumers worry about tariffs and Washington

  • US stocks fell sharply on February 22, 2025, with the Dow dropping 748.63 points or 1.7% to 43,428.02, while the S&P 500 fell 1.7% to 6,013.13, marking its worst day in two months.
  • Reports indicated US business activity is close to stalling, with growth slowing to a 17-month low, according to a preliminary report from S&P Global.
  • Concerns about federal government policies and tariffs are impacting sales, with S&P Global’s Chris Williamson stating that companies report widespread concerns about the impact of federal government policies.
  • Consumers are preparing for higher inflation, expecting prices to rise by 4.3% in a year, as reported by a University of Michigan survey, up from a previous forecast of 3.3%.
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The Post and Courier broke the news in Charleston, United States on Friday, February 21, 2025.
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