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Market Turmoil: S&P 500 Enters Correction Amid Escalating Trade War

                                                                 The stock market faced a sharp downturn on Thursday, with the S&P 500 officially entering correction territory. The index fell 1.4%, marking a 10% decline from its recent high. The Dow Jones Industrial Average dropped 1.3%, while the tech-heavy Nasdaq plummeted nearly 2%. This market turbulence comes as trade tensions escalate. The European Union's retaliatory tariffs on U.S. goods, including a 50% tax on American whiskey, prompted the U.S. administration to threaten a 200% tariff on European wines and spirits. These developments have left investors on edge, fearing the economic repercussions of a prolonged trade war. Adding to the uncertainty, debates over a stop-gap spending bill to prevent a government shutdown have further ...
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Trump's Second Inauguration: A New Era for American Institutions

 

Donald Trump is set to be sworn in as the 47th President of the United States today, marking a historic return to the Oval Office. This inauguration, held indoors at the U.S. Capitol Rotunda due to extreme cold, will see Trump take the oath of office administered by Chief Justice John Roberts.

Trump's second term is anticipated to bring significant changes to American institutions. In his inaugural address, Trump is expected to promise a "thrilling new era" for the nation, emphasizing a wave of executive actions aimed at reshaping policies on immigration, energy, and federal government operations. The ceremony will feature performances by country music star Carrie Underwood and opera singer Christopher Macchio.

The inauguration will be attended by former presidents, world leaders, and influential tech billionaires, highlighting the global interest in Trump's return to power. As Trump begins his second term, the nation watches closely to see how his leadership will impact the future of American governance.

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