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Date: 22-feb-2025
US stock markets faced a steep decline on Friday, February 21, 2025, as investors grew increasingly worried about the economic outlook and the impact of potential tariffs. The Dow Jones Industrial Average tumbled over 700 points, marking its worst single-day drop in months, while the S&P 500 and Nasdaq Composite also suffered heavy losses, with tech and consumer sectors seeing significant declines.
Early economic data showed a contraction in business activity, with the US service sector hitting a 25-month low. Consumer confidence dropped sharply, and inflation expectations reached levels not seen since the 1990s, fueling fears of a slowing economy.
New tariff policies announced by the US government heightened market anxiety. President Donald Trump hinted at higher tariffs on imported cars, semiconductors, and pharmaceuticals, raising concerns about rising costs for businesses and potential supply chain disruptions.
Large corporations, including Walmart and several major retailers, issued cautious earnings outlooks, warning of declining consumer spending and increased import costs. Semiconductor stocks also took a hit amid fears that tariff-related disruptions could impact chip manufacturers.
In response to the market downturn, investors shifted toward safe-haven assets. US Treasury bond purchases increased, and the yield on the 10-year Treasury note fell as traders sought security amid growing economic uncertainties.
Financial analysts warn that unless economic indicators improve or trade policies become clearer, market volatility may continue in the coming weeks. Many investors are now closely monitoring the Federal Reserve’s next move on interest rates, as central bank policy is expected to play a critical role in shaping market trends.
Date: 21-Feb-2025
Google is set to launch its first physical retail stores in India, targeting Mumbai and New Delhi. Learn about Google's India expansion strategy, its impact on the retail market, and what this means for Indian consumers.
Date: 24-Feb-2025
Google is set to launch its first physical retail stores in India, targeting Mumbai and New Delhi. Learn about Google's India expansion strategy, its impact on the retail market, and what this means for Indian consumers.
04 Apr 2025
