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Brazil binman finds newborn baby on garbage route
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US senator smashes record with marathon anti-Trump speech
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Trump advisor Waltz faces new pressure over Gmail usage
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Niger junta frees ministers of overthrown government
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Trump set to unleash 'Liberation Day' tariffs
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Boeing chief to acknowledge 'serious missteps' at US Senate hearing
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Real Madrid hold Real Sociedad in eight-goal thriller to reach Copa del Rey final
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Nuno salutes 'special' Elanga after stunning strike fires Forest
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PSG survive scare against Dunkerque to reach French Cup final
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Sundowns edge Esperance as crowd violence mars quarter-final
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Nottingham Forest beat Man Utd, Saka scores on Arsenal return
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Elanga wonder-goal sinks Man Utd as Forest eye Champions League berth
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Stock markets mostly advance ahead of Trump tariffs deadline
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US movie theaters urge 45-day 'baseline' before films hit streaming
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Saka scores on return as Arsenal beat Fulham
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Third-division Bielefeld shock holders Leverkusen in German Cup
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Ball-blasting 'Torpedo bats' making waves across MLB opening weekend
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Newsmax shares surge more than 2,000% in days after IPO
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Thousands of Hungarians protest against Pride ban law
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GM leads first quarter US auto sales as tariffs loom
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Tesla sales tumble in Europe in the first quarter
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No 'eye for an eye' approach to US tariffs: Mexico
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NFL club owners back dynamic kickoffs, delay tush push vote
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Trump 'perfecting' new tariffs as nervous world braces
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Trump nominee says to press UK on Israel arms
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French court says Le Pen appeal ruling could come before presidential vote
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The battle to control assets behind Bosnia crisis
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Prabhsimran powers Punjab to IPL win over Lucknow
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Mass layoffs targeting 10,000 jobs hit US health agencies
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Tiger's April Foolishness: plan to play Masters just a joke
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Myanmar quake toll passes 2,700, nation halts to honour victims
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Turkish fans, artists urge Muse to cancel Istanbul gig
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US seeks death penalty for accused killer of insurance CEO
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UK govt moves to block sentencing guidelines for minority defendants
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Trump puts world on edge as 'Liberation Day' tariffs loom
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Swedish journalist jailed in Turkey kept 'isolated': employer
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Stock markets advance ahead of Trump tariffs deadline
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Gulf between Everton and Liverpool has never been bigger, says Moyes
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Finland to withdraw from anti-personnel mine ban treaty
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UK vows £20 million to boost drone and 'flying taxi' services
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Ford's US auto sales dip in first quarter as tariffs loom
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Digging for box office gold, 'A Minecraft Movie' hits cinemas
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Southampton boss Juric desperate to avoid Premier League 'worst team' tag
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Thailand rescue dogs double as emotional support
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Five takeaways from Marine Le Pen verdict
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Stock markets split ahead of Trump tariffs deadline
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Turkish fans, artists urge Muse to cancel Istanbul gig over protest dispute
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Former captain Edwards named new England women's cricket coach
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Haaland ruled out for up to seven weeks: Man City boss Guardiola
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UK Supreme Court opens car loans hearing as banks risk huge bill

US stocks fall again, sending Nasdaq nearer to dreaded 'bear' market
Wall Street stocks tumbled again Friday following a plunge in Netflix shares that sent the Nasdaq further into correction territory, spurring questions of just how far the market will fall.
After a bruising session on European bourses, all three major US indices fell, led by the Nasdaq which lost 2.7 percent on Friday alone.
The tech-focused index is down about 15 percent since its November record, midway between the 10 percent loss considered a correction and nearing the 20 percent drop that qualifies as a "bear market."
"We're still pretty far from a bear market, but if we start to see signs that higher interest rates are slowing the economy, you could easily pass from a correction to a bear market," said Gregori Volokhine of Meeschaert Financial Services.
Friday's session was dominated by the spectacular fall in Netflix, which ended with a loss of more than 20 percent after it projected it would add only 2.5 million subscribers in the first quarter of 2022, a sharp slowdown compared with earlier gains in the pandemic.
Netflix results "particularly spooked" technology-focused stocks on Friday, said Ross Mayfield, analyst at Baird.
"There's a sense now that the consumer is kind of renormalizing their behavior and shifting spending to services," he said.
That feeling "set off a chain reaction of what the next year to five years of consumer spending might look like versus what we would have thought beforehand."
- Fear factor -
Stocks have been under pressure so far this year after the Federal Reserve shifted to a more restrictive monetary policy path that will include interest rate increases, with the first expected in March.
The Fed is scheduled to meet next week amid intensifying concerns about accelerating inflation that has spurred debate on how many times the central bank will raise the benchmark lending rate in 2022.
"The mood in the markets has been progressively getting worse recently as traders are preparing themselves for the prospect of the Federal Reserve hiking interest rates three or four times this year," said David Madden at Equiti Capital.
CFRA Research still expects solid US growth in 2022, but recently trimmed its forecast slightly to 4.2 percent based on an outlook that includes four rate hikes, said chief investment strategist Sam Stovall.
The S&P 500, the most broad-based of the major indices, has fallen 8.3 percent from its last record.
Based on how stocks have historically responded to monetary policy shifts, Stovall estimates the S&P 500 could fall about 15 percent.
But a drop of twice that amount is also possible, depending on whether equities end up more or less generously valued compared with history, he said.
"The question is how scared investors are likely to be?" Stovall said. "But I don't know the answer."
- Key figures around 2240 GMT -
New York - Dow: DOWN 1.3 percent at 34,265.37 (close)
New York - S&P 500: DOWN 1.9 percent at 4,397.94 (close)
New York - Nasdaq: DOWN 2.7 percent at 13,768.92 (close)
London - FTSE 100: DOWN 1.2 percent at 7,494.13 (close)
Frankfurt - DAX: DOWN 1.9 percent at 15,603.88 (close)
Paris - CAC 40: DOWN 1.8 percent at 7,068.59 (close)
EURO STOXX 50: DOWN 1.6 percent at 4,229.56 (close)
Tokyo - Nikkei 225: DOWN 0.9 percent at 27,522.26 (close)
Hong Kong - Hang Seng Index: UP 0.1 percent at 24,965.55 (close)
Shanghai - Composite: DOWN 0.9 percent at 3,522.57 (close)
Euro/dollar: UP at $1.1344 from $1.1312 late Thursday
Pound/dollar: DOWN at $1.3553 from $1.3600
Euro/pound: UP at 83.67 pence from 83.17 pence
Dollar/yen: DOWN at 113.70 yen from 114.11 yen
Brent North Sea crude: DOWN 0.6 percent at $87.89 per barrel
West Texas Intermediate: DOWN 0.5 percent at $85.14 per barrel
burs-vmt-jmb/hs
Y.Nakamura--AMWN