Market Open: Stocks Plunge For A Third Day, JP Morgan Chase CEO Writes Investor Letter Warning Of Higher Inflation, Mortgage Rates Falling 4/7/25
CNBC Business News Update
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Market Volatility Driven by Tariff Miscommunication
This chapter examines a chaotic day in the stock market triggered by a false social media post regarding tariffs. It highlights the subsequent clarification from the White House and the resulting market volatility, emphasizing the significant losses incurred by individual investors.
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