Wall Street's Mixed Results: Dow Falls, Johnson & Johnson Rises, and Job Openings Slow.
TL;DR Summary
Dow Jones futures rose slightly, along with S&P 500 futures and Nasdaq futures. Johnson & Johnson proposed paying $8.9 billion to settle claims that talc products caused cancer. The stock market rally lost ground on Tuesday as recession fears mounted, with job openings falling to a 21-month low. AI stock plummeted on a short-seller's latest move vs. C3.ai. Market breadth was weak, with many groups suffering sharp losses on economic fears. Gold and gold stocks had a strong day, as recession fears and weaker dollar sent investors scurrying into safe havens.
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