Can Anything Save This Market?
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In yesterday's significant market decline, major stocks like Apple AAPL (-10%) and META decreased while semiconductors fell 28% following a "Make America Wealthy Again" announcement. The initial 10% mention was followed by a brief rally before markets declined further. With tomorrow's jobs report approaching and certain technical levels broken, traders are discussing whether this could represent a continued downward trend. Even assets often viewed as defensive like gold fell $40, presenting challenges for diversification strategies.
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