Stocks slide and the dollar weakens as consumers turn gloomier than expected

The S&P 500 and Nasdaq Composite indexes fell Tuesday after February consumer confidence missed expectations, coming in at 98.3 compared with the consensus of 103.0, and down from 105.3 in January. It was the worst decline since August. U.S. government debt rallied and the dollar weakened. Read more...

Feb 25, 2025 - 17:39
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Stocks slide and the dollar weakens as consumers turn gloomier than expected

The S&P 500 and Nasdaq Composite indexes fell Tuesday after February consumer confidence missed expectations, coming in at 98.3 compared with the consensus of 103.0, and down from 105.3 in January. It was the worst decline since August. U.S. government debt rallied and the dollar weakened.

Read more...