Stocks on Edge: Uncertainty Before Key Data

USAThu Nov 14 2024
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On Tuesday, investors got worried that some stocks were getting too expensive. This is called a stock market "bubble. " These stocks, often riskier ones, had gone up a lot after Donald Trump was elected president. But before important US economic data was released on Wednesday, some of these stocks started to go down. Small companies' stocks, which can be more affected by the economy than bigger companies', dropped from their highest point ever. Stocks that many people were betting would go down also fell. So did tech companies that aren't making money yet. Bitcoin, a type of digital money, also dipped before going back up. Tesla, the company led by Elon Musk, saw its stock price drop from its highest point in over two years. Some people think that these stocks might be too risky if the economy changes or there's unexpected news. It's like they're on the edge of a cliff, waiting to see what happens next.
https://localnews.ai/article/stocks-on-edge-uncertainty-before-key-data-9a2c75e1

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