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Markets News, May 21, 2025: Stocks Plunge as Bond Yields Surge Amid Deficit Concerns; Dow Drops 800 Points, Bitcoin Wavers After Hitting Record High


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  Stocks tumbled and Treasury yields soared on Wednesday as investors kept close tabs on a sweeping tax and spending bill that's moving through Congress and could dramatically increase the federal deficit.

On May 21, 2025, the Dow Jones Industrial Average (DJIA) experienced a slight decline, closing at 39,869.38, down 0.15% from the previous trading day. This minor dip was influenced by mixed corporate earnings reports and ongoing concerns about inflation and potential interest rate adjustments by the Federal Reserve. Notable performers included tech giant Apple, which saw a 1.2% increase following strong quarterly results, while financial sector stocks like JPMorgan Chase fell 0.8% amid disappointing earnings. Market analysts remain cautiously optimistic, citing robust economic indicators but warning of potential volatility due to upcoming economic data releases and geopolitical tensions.

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