Eric Sheridan: Last News

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Media, Tech Stocks Drop Amid Decades-High U.S. Inflation

Todd Spangler NY Digital EditorFinancial markets took a sharp tumble again Friday, with media and tech stocks falling across the board amid new fears on Wall Street of a looming recession triggered by a new report on rising inflation.Major market indexes had their worst declines for the week since January. On Friday, the Dow Jones Industrial Average dropped 880 points, or 2.7%, to close at 31,392.79.
variety.com

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