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Home Videos

3 drivers behind Monday’s market downturn

DeFi Daily News by DeFi Daily News
August 5, 2024
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US stock markets (^DJI, ^IXIC,^GSPC) are falling as recession fears grip investors, triggering a widespread sell-off. Yahoo Finance Executive Editor Brian Sozzi examines three key factors potentially driving the downturn including the Federal Reserve’s delay in implementing rate cuts, Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) reducing its positions in tech stocks, and a lack of return on investment (ROI) from Big Tech’s AI ventures.
#youtube #NEWS #stocks

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Tags: BondsbusinessCurrenciesDownturndriversEquitiesFXInvestingInvestmentMarketMarketsMondaysMoneyNewsNYSEPersonal FinancePoliticsSavingsStock marketstocksYahoo FinanceYahoo FInance Premium
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