Wall Street falls as U.S. consumers get more pessimistic about inflation, tariffs

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Markets today: Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffs

Wall Street is falling again Tuesday as U.S. households get more pessimistic about the economy because of inflation, tariffs and other policies.

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Wall Street falls as U.S. consumers get more pessimistic about inflation, tariffs

Wall Street fell further from its record as worries worsen among U.S. consumers about inflation and tariffs.

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Wall Street Falls as Consumer Confidence Drops

Wall Street fell further from its record Tuesday as worries worsened among US consumers about inflation and tariffs. The S&P 500 fell 28 points, or 0.5%, to 5,955.25 for its fourth straight drop after setting an all-time high last week. The Dow Jones Industrial Average rose 159....

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Business NewsLine, Feb. 26, 2025

Wall Street falls as US consumers get more pessimistic

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Wall Street stocks crash as consumer confidence hits 4-year low

Wall Street tumbled on Tuesday as a sharp 4-year decline in consumer confidence rattled investors already on edge over Donald Trump’s latest tariff announcement. The S&P 500 plunged 0.9%, extending its four-day losing streak, while the Nasdaq collapsed 1.8%, wiping out last week’s record highs, per data from Google Finance. The Conference Board reported that consumer confidence for February sank 7 points to 98.3, a far steeper drop than the 102.…

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According to Bloomberg, financial markets recorded a volatile day after a new report on U.S. consumer confidence showed a sharp decline, generating concerns about the state of the world’s largest economy. While stocks suffered setbacks, Treasury bonds experienced a significant rebound. Nasdaq 100 led losses by accumulating a five percent drop in four days, the worst since September.