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Market Meltdown, Job Jitters & Oil Offer (+5 more stories)

The Daily Business and Finance Show - Wednesday, 2 August 2023

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Today's headlines:

Nasdaq slumps more than 2%, S&P, Dow fall after U.S. rating downgrade, hot jobs data

Energy Transfer GAAP EPS of $0.25 misses by $0.07, revenue of $18.32B misses by $2.08B

U.S. scraps latest offer to replenish emergency oil reserve

Qualcomm stumbles on…

The skinny

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