Wall Street is pointing to gains before Thursday’s opening bell and ahead of government data being released this week on layoffs and inflation. Futures for the S&P 500 rose 0.6% while futures for the Dow Jones Industrial Average gained 0.
The U.S. stock market has been generally struggling since the middle of last week after several weaker-than-expected reports on the economy thudded onto Wall Street. On Tuesday, the latest said confidence among U.S. consumers is falling more than economists expected.
The U.S. stock market has been sinking since the middle of last week after several weaker-than-expected reports on the economy thudded onto Wall Street. On Tuesday, the latest report said confidence among U.S. consumers is falling by more than economists expected.
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Inflation probably isn't going back to 2% without a recession, according to Barry Bannister, Stifel's top stock strategist.
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. stocks open with little chane as investors anxiously await more news on Trump's tariff plans, Nvidia's earnings and inflation this week.
On Friday, the S&P 500 sank 1.7% for its worst day in two months after the release of weaker-than-expected U.S. economic data. The Dow Jones Industrial Average lost 1.7%, while the Nasdaq composite tumbled 2.2%.
Wall Street is flirting with a record Friday, as U.S. stock indexes drift following some mixed profit reports from big companies.
Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised concerns about consumer spending and economic growth, while investors also assessed signals from the Federal Reserve and trade policy uncertainties.
Wall Street is falling again Tuesday as U.S. households get more pessimistic about the economy because of inflation, tariffs and other policies coming from Washington.
U.S. stock indexes are heading for another drop following the latest signal that inflation, tariffs and other policies coming from Washington have U.S. consumers feeling more pessimistic about the eco
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