Dow Jones Industrial Average grapples with shaky consumer sentiment
The Dow Jones Industrial Average (DJIA) took another leg lower on Friday, testing below the 46,800 level for the first time ...
Ethereum faces tough path to $3.9K as sentiment and demand fizzle
Ether (ETH) fell 11% over the past week, even after reaching the $3,400 mark on Saturday. The drop came alongside a 4% ...
Is the US consumer going soft?
Among consumer packaged goods companies, Mondelez, Colgate-Palmolive, Heineken, Kraft Heinz, Rémy Cointreau and Newell Brands ...
Global shares down as US government shutdown and AI anxieties take centre stage
A risk-off week in global markets ended with most of the big stock indices falling on Friday as concerns about the US government shutdown and inflated artificial intelligence company valuations came ...
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Consumer sentiment remains desolate as consumers fret about inflation, jobs prospects
US consumer sentiment barely budged in October, with Americans still fretting about dim job prospects and higher prices. Overall sentiment moved from 55.1 in September to 55 in October, ...
‘Jenga tower’ US economy teeters as middle class pulls back spending
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households, ...
2025 Holiday Sales Outlook And XLY: Consumer Resilience To Be Tested By The Labor Market
Consumer Discretionary Select Sector SPDR® Fund ETF is rated a Sell due to elevated valuations and macro headwinds. Learn ...
US ISM Manufacturing PMI declines to 48.7 in October vs. 49.5 expected
The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's (ISM) Manufacturing Purchasing Managers' Index (PMI) ...
US consumer sentiment gloomiest in more than three years: Survey
US consumers' views of the economy dimmed in November, reaching the lowest level since mid-2022 as a government shutdown ...