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MARKETS-ECONOMIC TIMES · INDIAN ·

US stocks today: S&P 500, Nasdaq slip at open after solid jobs data fuels hawkish Fed fears; chip stocks fall

As reported by Markets-Economic Times
US markets opened mixed as tech-heavy Nasdaq and S&P 500 fell, dragged by weakness in chip stocks after a recent rally. Strong jobs data reinforced expectations of tighter Federal Reserve policy, weighing on sentiment. Dow Jones edged higher, but broader markets stayed under pressure amid inflation and rate concerns.
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