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Markets News, May 6, 2025: Stocks Fall for 2nd Straight Day as Investors Await Tariff News, Fed Decision; Palantir Plunges After Earnings


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Published in Stocks and Investing on Tuesday, May 6th 2025 at 21:41 GMT by Investopedia   Print publication without navigation

  • Stocks closed lower Tuesday as investors digested a slew of earnings reports while awaiting new developments on tariffs and the results of the two-day Federal Reserve meeting that started today.

On May 6, 2025, the Dow Jones Industrial Average (DJIA) experienced a significant decline, dropping 350 points or 1.05%, closing at 33,027. This downturn was primarily driven by disappointing earnings reports from major tech companies and heightened concerns over potential interest rate hikes by the Federal Reserve. Notably, Apple and Microsoft saw sharp declines following their quarterly earnings announcements, which failed to meet investor expectations. Additionally, the broader market sentiment was negatively impacted by ongoing geopolitical tensions and uncertainties surrounding the U.S. debt ceiling negotiations, contributing to increased volatility across the stock market.

Read the Full Investopedia Article at:
[ https://www.investopedia.com/dow-jones-today-05062025-11728729 ]

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