February 23, 2025
Financial Assets

Dow, S&P 500, Nasdaq sink as consumers start to sour on US economy

US stocks fell sharply at the closing bell Friday as the uncertainty surrounding tariffs and the possibility of a slowing economy caught up to investors, igniting fresh rounds of selling and renewing concerns of a market correction. The S&P 500 (^GSPC) shed 1.7%, while the tech-heavy Nasdaq Composite (^IXIC) lost over 2%, reversing earlier gains.

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