Consumer confidence in the United States (US) continued to deteriorate in November, with the University of Michigan's Consumer Sentiment Index falling to 50.3 from 53.6 in October. This print came in worse than the market expectation of 53.

US consumer sentiment has fallen to its lowest level in more than three years as concerns over the US government shutdown weigh on consumers.

US sees major developments as Cornell restores federal funds, Trump meets Orban, sentiment dips, Boeing expands.

The Dow Jones Industrial Average (DJIA) took another leg lower on Friday, testing below the 46,800 level for the first time in almost three weeks as an AI stock pullback and withering consumer survey results drag down both sides of the investment-consumption equation.

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling more than 100 points on Friday. The Dow traded up 0.06% to 46,941.27 while the NASDAQ fell 0.45% to 22,951.03. The S&P 500 also fell, dropping, 0.04% to 6,717.41.

Shares of Chipotle Mexican Grill (NYSE: CMG) collapsed over 20% on growing concerns about affordability and signs of a weakened US consumer. Things were already bad for the stock going into earnings,

Irish consumer sentiment fell to a three-month low in October as consumers fretted about rising living costs and reduced fiscal supports.