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Market Overview: Key Insights from Current Trends

The ongoing trading session has shown a noticeable downturn across major stock indices, including the Dow Jones Industrial Average, S&P 500, and NASDAQ. As President Trump reiterates tariff threats, markets seem to be pulling back from their recent record highs. Notably, shares of the electric vehicle manufacturer Nikola plummeted following their announcement to file for Chapter 11 bankruptcy and auction their remaining assets. The company also mentioned its plan to continue providing services for existing vehicles until March.