From StockStory Productions: 2025-04-16 16:05:00

Federal Reserve Chair Jerome Powell’s cautious stance on future monetary policy decisions led to stock market declines, as trade tariffs could impact inflation and the economy. Nvidia’s announcement of export control issues and ASML’s weak bookings added to sector pressure. Investor anxiety increased over global trade tensions and tech sector vulnerability. Among impacted stocks, fuboTV’s shares rose after winning a preliminary injunction against a joint venture. The company’s CEO emphasized the ruling’s benefit to consumers. FuboTV’s shares, currently at $2.87, are up 104% year-to-date but still below the 52-week high.



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