· 16h · on MSN
Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffs
Stock market stalls as Wall Street anxiously waits on Trump's tariffs and more
U.S. stocks open with little chane as investors anxiously await more news on Trump's tariff plans, Nvidia's earnings and inflation this week.
· 2d · on MSN
‘People are really bulled up’: Stock surge has some on Wall Street worried
Consumer confidence dropped sharply in February, with the Conference Board's index falling to 98.3, driven by inflation concerns and labor market pessimism. Growth stocks declined while bonds rallied, with the Nasdaq Composite down over 1% and the 10-year Treasury yield dropping to 4.3%.
U.S. indexes bucked steady global equity markets overnight and Treasury yields fell to 2-1/2 month lows, trading off signs of softening U.S. growth and uncertainty over Trump administration policies while Germany's election result was buoying the euro.
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday.
NEW YORK — Most U.S. stocks fell Wednesday after a report showed inflation is unexpectedly worsening for Americans. The Standard & Poor’s 500 dropped 0.3%, though it had been on track for a much worse loss of 1.1% at the start of trading. The Dow Jones industrial average sank 0.5%, while the Nasdaq composite edged higher by less than 0.1%.
3don MSN
Inflation probably isn't going back to 2% without a recession, according to Barry Bannister, Stifel's top stock strategist.
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