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S&P 500
New York Post
113 days

Wall Street on edge as more ‘Magnificent 7' tech stocks report earnings this week

1. S&P 500 declines 1% as tariff concerns weigh on Big Tech earnings. 2. Apple plans production shift to India to mitigate China risks. 3. Upcoming economic data releases may signal effects of tariffs. 4. Mixed earnings from 'Magnificent Seven' raise concerns about spending. 5. Nvidia faces competition from China's Huawei in AI chip development.

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FAQ

Why Bearish?

Tariff uncertainties lead to subdued demand and affect earnings forecasts, sparking investor caution.

How important is it?

The article highlights key uncertainties impacting major tech firms, which significantly affect the S&P 500 due to their market weight.

Why Short Term?

Immediate reactions to upcoming earnings and economic data likely to influence prices in the near term.

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