Published 4 years ago • loading... • Updated 4 years ago
Wall Street ends sharply lower as consumer pessimism stokes recession fears
Summary by Ground News
The Dow Jones Industrial Average closed about 1.6% lower. The S&P 500 slid about 2% and the Nasdaq tumbled around 3%. The Conference Board said its consumer confidence index dropped in June to the lowest level since February 2021. Energy was the sole sector of the S-P 500 to post gains Tuesday.