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US Stocks Stabilize Amid Economic Concerns; Global Currencies and Commodities React to Mixed Data | Daily Market Analysis
Key events:
Tech Stocks Tumble as US Markets Weaken, USD Strengthens Ahead of Key Economic Data | Daily Market Analysis
Key events: Canada - BoC Interest Rate Decision USA - JOLTs Job Openings (Jul) US stocks declined on Tuesday, with tech stocks facing pressure as the shortened trading week kicked off. Investors are closely watching a series of economic data releases, including the monthly jobs report, which will play a crucial role in shaping the Federal Reserve's upcoming rate decision. The Dow Jones Industrial Average lost 431 points, or 1%, while the S&P 500 fell 0.%. The NASDAQ Composite took a hit, dropping 2.4%.
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