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Nasdaq-100 Retreats as Hot Producer Prices Signal Prolonged Fed Tightening

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The Story

News Summary

  • U.S.
  • producer prices surged in April at their fastest pace since early 2022, reinforcing expectations that the Federal Reserve will maintain restrictive monetary policy throughout 2025, pressuring tech-heavy indices.
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US100 price history

28937.84 +14.66% over the displayed period

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