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from24/7 Wall St.
3 days ago

Worried About a Recession? Here's What to Know Before Touching Your 401(k)

Converting most retirement savings to cash based on recession fears is risky; disciplined planning and financial-advisor consultation are recommended.
fromFortune
2 weeks ago

Wild ride on Wall Street as the crypto crash spooks risk complex | Fortune

The shift was subtle, then sudden. For weeks, the riskiest trades in finance - crypto, AI stocks, meme names, high-octane momentum bets - had been slipping. On Thursday, that slow-motion retreat snapped. The Nasdaq 100 sank nearly 5% from its intraday peak, its sharpest reversal since April. Nvidia Corp. at one point shed nearly $400 billion despite beating earnings expectations. Bitcoin hit a seven-month low. Momentum names dropped in near-perfect sync.
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