Major stock indices suffered losses this week, with the S&P 500 falling 0.4%, Nasdaq down 0.6%, and the Dow Jones Industrial Average dropping by 30 points. Prominent tech companies, including Meta Platforms, Alphabet, Apple, and Microsoft, also recorded declines, indicating a widespread downturn in investor sentiment. This trend comes as the Federal Reserve is expected to raise interest rates by 0.75%, prompting concerns about economic growth and corporate profitability.
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