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US stocks are heading for their worst week since April, with the Nasdaq Composite down over 2%. Investors are focused on valuations, whether to buy the dip, and the outlook for Fed cuts. The S&P 500 and Dow Jones Industrial Average are also down, with the Nasdaq 100 experiencing its worst weekly performance since the tariff-fueled sell-off in April. Tech stocks have led the losses, with Palantir, Nvidia, AMD, Broadcom, and Meta down significantly.

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