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Wall Street closes down sharply after Fed holds rates unchanged ReutersDow drops 1,100 points for worst day since April 2025 on fear the Fed is falling behind on inflation: Live updates CNBCU.S. Stocks Slide After Fed Pause, Escalation in Iran War WSJStock market today: Dow plunges by 1,100 points, S&P 500 and Nasdaq sink as yields rise on Fed's hawkish hold Yahoo Finance
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Meta Q2 earnings recap: Stock tumbles nearly 10% after profits miss Wall Street estimates Business InsiderMeta reports second-quarter results after the close CNBCMeta misses on Q2 earnings, stock tumbles Yahoo FinanceMeta's free cash flow wiped out as AI buildout grows reuters.comMeta misses earnings forecasts after Zuckerberg media push to promote
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Major equity indexes put in their worst "Fed Day" performance since December 2024, while the yield on the 30-year bond shot higher.
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Chipotle Mexican Grill stock has fallen more than 7% this year, dragging its market value down to roughly $44 billion.
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Dow dives, S&P 500 trades lower in volatile market following Fed decision: Live updates CNBCNasdaq 100 Enters Correction, S&P 500 Falls After Fed Decision Bloomberg.comOil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower AP NewsUpdate: Equities Tumble Following Fed's Divided Decision to Stay on Hold Yahoo Finance
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Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quarterly results for the second quarter.
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Individual investors just recorded "their largest net selling of single stocks since the COVID crash," according to Vanda Research.
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Starbucks posted its fourth straight quarter of same-store sales growth, as it continues a turnaround under CEO Brian Niccol.
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The Nasdaq Composite index fell over 1 percent when markets opened in the United States, following deep declines across Asia earlier in the day.
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