US Stock Market Experiences Significant Decline Amid Economic Concerns
The US stock market has faced a series of downturns, marked by a fall in the S&P 500 and Nasdaq indices for the fourth consecutive day. Weak consumer confidence data has rattled investors, contributing to a prevailing sense of pessimism regarding inflation and tariff issues. The Dow Jones experienced substantial losses, tumbling over 700 points, as uncertainties about the economy and recent unfavorable data intensified. Tech stocks have also suffered, with companies like Nvidia and Palantir seeing sharp declines. As consumer sentiment sours, Wall Street has reached its lowest points in over a month, highlighting worries over economic stability and market resilience.
CNBC, The Associated Press, Reuters, The Wall Street Journal, Financial Times, Nasdaq, CNN, Yahoo Finance, Bloomberg, USA TODAY