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But at the heart is the risk the economy may be set to slow sharply from its current, extremely high growth.Besides the new variants of the coronavirus, other risks to the economy include fading pandemic relief efforts from the U.S. government and a Federal Reserve that looks set to begin paring back its assistance for markets later this year.Worries about a possible sharp slowdown have particularly hurt stocks whose profits are most closely tied to the strength of the economy. The Russell 2000 index of smaller stocks slumped 1.5% Monday.Investors' attention now turn to the earnings of U.S. companies.
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