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July 30, 2025 - Stonks Gone Wrong Market Update
Manage episode 497503682 series 3669297
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On July 30, 2025, U.S. markets faced declines as the Dow and S&P 500 fell, impacted by a stronger dollar and the Federal Reserve's decision to hold interest rates steady. In corporate news, design software maker Figma successfully raised $1.2 billion in its IPO. Meanwhile, popular online shopping platforms saw gains ahead of Amazon's earnings report. The copper trade halted as Trump's import tariff will not cover refined copper, and a report from a Trump-associated crypto group left the Bitcoin market unfazed. Concerns over inflation continue to rise, with workers questioning wage adjustments. Powered by LabCat AI research tools.
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