Major tech companies, such as Microsoft and Apple, experienced significant stock losses, contributing to a downturn in the US equity market. This drop is partly attributed to nerves surrounding a 'triple witching' day, when three types of securities expire, stirring market volatility. Additionally,
There is no question that inflation is one of the most important issues impacting the US economy in 2023. However, the annual inflation rate has dropped considerably since hitting a 40-year high of 9.1% in June 2022. According to The Guardian , the price of goods and services in the US rose by 4.9%
