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The Dow plunges 750 points as bad economic news piles up fast

Summary by Phil's Stock World

U.S. stocks plummeted on Friday on poor economic news. Consumer confidence weakened to the lowest level since November 2023, even as long-run inflation expectations rose to the highest since 1995. The services purchasing managers’ index fell into contractionary territory and January home sales … Source

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Phil's Stock World

The Dow plunges 750 points as bad economic news piles up fast

U.S. stocks plummeted on Friday on poor economic news. Consumer confidence weakened to the lowest level since November 2023, even as long-run inflation expectations rose to the highest since 1995. The services purchasing managers’ index fell into contractionary territory and January home sales … Source

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Phil's Stock World broke the news in 1 day ago on Friday, February 21, 2025.

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