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Retail Stock TJX Downgraded After Gains | Markets & Money News
Wall Street faced a tough day with the tech-heavy Nasdaq down 2.2% and the S&P 500 dropping 1.2%. Crude oil prices surged to $100 per barrel, adding pressure to markets. AI and tech stocks suffered, particularly the iShares Semiconductor ETF, which fell 3%. Cybersecurity firms like CrowdStrike and Palo Alto Networks experienced declines. Consumer staples and healthcare stocks showed resilience. Although TJX Companies rose 5%, its rating has been downgraded. Earnings season begins next week with
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