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Market Close: Stocks Lower After Volatile Day, S&P 500 Index On Longest Losing Streak Since April, Apple TV+ Free Streaming Period 1/2/25

CNBC Business News Update

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Market Fluctuations and Economic Insights for the New Year

This chapter analyzes the stock market's performance at the start of the New Year, with a focus on the S&P 500 index and concerns surrounding Tesla's vehicle deliveries amid growing competition. Additionally, it addresses rising oil prices and challenges faced by homebuyers due to increasing mortgage rates, providing a comprehensive overview of current economic pressures.

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