Reported 5 days ago
On a quiet Tuesday, Wall Street saw modest gains as the S&P 500 added 0.2%, following a significant rise the previous day amid hopes that President Trump's tariffs might be more targeted than initially feared. Despite this uplift in stock prices, consumer confidence continues to dwindle, primarily due to concerns over the economic outlook, as evidenced by a significant drop in the Conference Board's consumer confidence index, reaching the lowest levels in 12 years. Meanwhile, Trump's media company soared 8.9% after announcing a new investment fund initiative.
Source: YAHOO