Nasdaq plunges as consumer sentiment nears historic lows, panic over AI spending mounts
The tech-heavy Nasdaq dropped 1.2% Friday, poised for a 4.5% weekly loss – its worst drop since President Trump’s April tariffs launched a massive...
Last updated: 2025-11-09 16:07:37 ET
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The tech-heavy Nasdaq dropped 1.2% Friday, poised for a 4.5% weekly loss – its worst drop since President Trump’s April tariffs launched a massive...
Consumer sentiment dropped to a three-year low in November, a month into the government shutdown, led by pessimism in both personal finances and anticipated business conditions
A University of Michigan sentiment survey showed a decline of 6.2% on the month and about 30% from a year ago.
Consumer spending has so far held up despite soft consumer sentiment readings.