The recent week's U.S. equity market performance was marked by significant losses, led by declines in major indexes such as the Dow Jones and S&P 500. This downward trend was exacerbated by a poorly received Treasury bond auction and concerns over rising federal debt following Moody's downgrade of U.S. credit ratings. Investor sentiment further soured when President Trump announced steep tariffs on EU imports, severely impacting tech stocks like Apple. Despite this turbulence, mixed economic data showed a rebound in manufacturing and services activities, although concerns about rising costs and inconsistent housing market signals persisted.
U.S. equity markets ended the week in negative territory, with widespread losses across major indexes, led by the Dow Jones and S&P 500's declines.
Investor sentiment deteriorated further after President Trump announced a 50% tariff on European Union imports, weighing heavily on tech shares, including Apple.
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