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U.S. calls on Haiti to move toward transitional government to end violence

·1 min

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The Core News Content #

The stock market experienced a significant drop yesterday as concerns over economic growth and inflation persisted. The Dow Jones Industrial Average fell by over 500 points, marking its fourth consecutive day of losses. Technology stocks were hit particularly hard, with major companies like Apple, Amazon, and Facebook all seeing their shares decline. Investors are worried about rising bond yields and the potential impact on borrowing costs for businesses and consumers. The Federal Reserve’s upcoming decision on interest rates is also adding to market uncertainty. Overall, the market is exhibiting increased volatility as these concerns continue to weigh on investor sentiment.

The Rewritten Article #

The stock market witnessed a substantial decline yesterday as worries about economic growth and inflation persisted. The Dow Jones Industrial Average saw a drop of more than 500 points, extending its losing streak to four days. Technology stocks were severely affected, with prominent companies like Apple, Amazon, and Facebook all experiencing declines in their shares. The rise in bond yields and its potential effect on borrowing costs for businesses and consumers is a major concern for investors. The market is exhibiting higher volatility amid these persistent concerns, compounded by uncertainty surrounding the Federal Reserve’s upcoming interest rate decision.