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The markets are in turmoil as the S&P 500 faces its worst weekly loss since the Silicon Valley Bank crisis, fueled by President Trump’s tariff policy causing volatility. Economic alarm bells are ringing as job growth remains strong but fears of a downturn persist. Trump’s tariff moves continue to escalate tensions, with a partial reprieve for Mexico and Canada failing to calm markets. The M&A industry is experiencing a deal drought amid uncertainty, while StubHub considers an IPO despite market conditions. The Magnificent Seven tech stocks are in correction territory, with Meta being the only one still showing positive gains for the year.
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