Stock Market Declines Despite Record Margins at ON Holding; Senate Confirms Warsh as Fed Governor
The stock market saw declines across major indices, with the S&P 500 down by -0.4% and tech stocks like AAPL and TSLA also falling. Meanwhile, On Holding (ONON) reported record margins despite U.S. tariff headwinds, but its shares fell by -2.2%. The Senate confirmed John Warsh as a new Federal Reserve Governor.
