The stock markets are experiencing renewed fear and volatility, driven by various catalysts including earnings reports and upcoming comments from Fed Chairman Jerome Powell. Major indices, including the Nasdaq Composite, are trading down, with Apple shares continuing to decline. In an important market shift, Warren Buffett has announced his retirement from Berkshire Hathaway, positioning Greg Abel for leadership starting in 2025. The mixed performance of stocks reflects broader economic concerns, particularly in energy sectors facing steep declines.
"After a week of gains, fear has settled into the markets once again amid a bevy of catalysts."
"Berkshire Hathaway has reached the end of an era as billionaire Warren Buffett announced his retirement after six decades at the helm."
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