Industry Newsearnings seasonmegacap techmarket volatilitygeopolitics
US Stocks Plunge After Tech Earnings Shock
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7.1
US equity markets plunged on Thursday mid-morning as a tech-driven selloff and geopolitical tensions hit risk assets. The Nasdaq fell 2.21% to 23,330.21, the S&P 500 dropped 1.21% to 6,893.47, and Microsoft slid 11.08% after earnings; gold surged above $5,500 and Brent crude rallied toward $70. The Fed held rates steady in its first 2026 decision, adding policy uncertainty.
Scoring Rationale
Timely market-moving data and Fed/earnings context drove score; limited by being a single-day market event.
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