Conference Board – Charm

Consumer Confidence: Lowest Since 2021 Big Risk to Stock Market Outlook

Americans aren’t feeling great about the economy, and it’s translating to a weaker outlook for spending. That isn’t good news for the stock market, and Wall Street is eyeing the risk of weaker corporate earnings as consumers pull back. Consumer Confidence clocked in at 92.9 in March, its lowest level since 2021, according to the…

S&P500 loses 6,000 handle amid U.S. slowdown fears

Cs news4 months ago4 months ago09 mins

A look at the day ahead in U.S. and global markets from Mike Dolan Rancorous geopolitics continues to grab most headlines again this week, but it’s creeping anxiety about a slowing U.S. economy that’s unnerving investors most about Wall Street stocks. Wary of Wednesday’s results from megacap chip giant Nvidia, the S&P500 lost its 6,000…