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TikTok, the widely used social media platform, faces a pending legal battle as a federal appeals court has unanimously supported a law mandating the platform's separation from its China-based parent company, ByteDance. With a deadline looming, TikTok is preparing to appeal this decision to the Supreme Court, raising concerns about the platform's future in the U.S.
Stock Market Performance
The stock market wrapped up the week on a mixed note, with the Dow Jones Industrial Average dipping noticeably while both the NASDAQ and S&P 500 hit new historic highs. Investors remain cautiously optimistic amidst fluctuating economic indicators and broader market dynamics.