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Market Recap: Nasdaq Slides on Alphabet, AMD, and Boeing Moves; Fed Decision Looms

The Nasdaq experienced a decline to a one-week low primarily due to disappointment stemming from Alphabet's performance, with investors closely observing the Federal Reserve's forthcoming decision. Chipmaker AMD saw a decrease due to our forecast for Q1 revenue. New York Community Bancorp's unexpected loss negatively impacted regional banks, while Boeing refrained from providing a 2024 outlook, with its CEO emphasizing the need to prove its performance.

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