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'Wild West' Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. The picture was mixed overseas. Hong Kong’s Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurt’s DAX surged 1.4%. "He has kind of an old-school cyber-libertarian world view where technology is there to set you free," Maréchal said. The Russian invasion of Ukraine has been a driving force in markets for the past few weeks.
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