1. The S&P 500 index posted a weekly loss of over 3%, its worst performance since early September 2024, due to tariff uncertainties and mixed economic data. 2. The trade deficit hit a record high due to a surge in imports before the implementation of tariffs. 3. The February nonfarm payrolls report showed less-than-expected job growth, impacted by Trump and Musk's push for efficiency. 4. The Federal Reserve Chair Jerome Powell reassured that the U.S. economy is still in a good place. 5. The S&P 500 slipped -3.1%, the tech-heavy Nasdaq Composite slumped -3.5%, and the Dow fell -2.4% for the week.
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