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US stocks today: Whirlpool shares plunge 12% as earnings cut, ‘recession-like’ conditions rattle investors

Whirlpool shares tumbled after the appliance maker cut its 2026 earnings outlook, suspended dividends and warned that weakening consumer demand now resembles “recession-like” conditions. Rising costs, a soft housing market and cautious household spending added to concerns over the broader outlook for discretionary consumption.

Source :- Markets-Economic Times Read More

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