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US Consumer Sentiment Hits Lowest Level Since 2022 Amid Growing Concerns About Shutdown's Impact On Economy
Consumer sentiment for November is now the second-lowest in history, according to data from the University of Michigan.
Consumer sentiment drops as Americans worry about shutdown's economic impacts
Overall sentiment notched a 6% decline this month from October, according to the University of Michigan’s preliminary survey of consumers.
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 to the fore.
Stock market today: Nasdaq, S&P 500, Dow sink as another tech sell-off has stocks on track for brutal week
US stocks faltered in their rebound bid on Friday, resuming a tech-led sell-off as investors weighed bearish consumer sentiment data and the odds that the AI investment boom will pay off. Markets are also reacting to a bearish reading on consumer sentiment from University of Michigan.
Wall street tumbles on concerns over AI stocks, economy
Wall Street's main indexes extended losses to a second session, and were set for weekly declines, as concerns about the economy and sky-high valuations in the technology sector soured sentiment.
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