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Disappointing earnings and soft economic data caused US stocks to plunge, driving investors to seek safe havens. Treasury yields dropped as recession fears grew, and corporate profit and outlook were mixed. Regional bank liquidity concerns, cyclical companies, and consumer staples all added to the weakening economic environment.
from Business News, Latest News on Business, Finance News Online - News18
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US Stocks Fall and Treasury Yields Drop as Recession Fears Intensify
![US Stocks Fall and Treasury Yields Drop as Recession Fears Intensify]()
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April 25, 2023
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