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US stock market today: Wall Street dips as Tesla tumbles amid widening Trump-Musk rift, dollar weakens ahead of tariff deadline

IndiaTimes Tuesday, 1 July 2025 ()
US stocks edged lower on Tuesday, halting a recent rally as Tesla shares plummeted amid escalating tensions between Elon Musk and President Trump. The S&P 500, Dow, and Nasdaq all experienced declines, with Tesla's drop significantly impacting the market. Investors are also awaiting key economic reports and monitoring European Central Bank policy discussions.
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