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MARKETS-ECONOMIC TIMES · INDIAN ·

US stocks today: S&P 500, Nasdaq slides as chip stocks fall, jobs data fuels hawkish Fed fears

As reported by Markets-Economic Times
Markets saw a dip on Friday. Chipmaker stocks weakened after a strong rally. A better-than-expected jobs report fueled expectations of a US Federal Reserve interest rate hike. Investors shifted funds to other sectors. Lululemon Athletica's profit forecast cut also impacted market sentiment. Cooper Companies reported strong results.
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