Reported about 8 hours ago
Investors are increasingly anxious about a slowing U.S. economy, leading to the S&P500 dropping below the 6,000 mark for the first time in three weeks. Concerns were heightened by disappointing retail sales and a dip in consumer confidence, alongside geopolitical tensions and anticipated results from major tech firms. This economic uncertainty is negatively impacting both Wall Street and global markets, with tech-heavy indexes struggling and fears of a potential decrease in consumer spending due to waning stock market confidence.
Source: YAHOO