Wall Street Slides as US Consumer Sentiment Falls to Two-Year Low Amid Tariff Fears
U.S. consumer confidence has plummeted to its lowest in two years due to fears over new tariffs leading to higher inflation and job insecurity. The University of Michigan reported a drop in consumer sentiment to 57.0 in March from 64.7 in February. Consequently, the S&P 500 fell by 2%, reflecting widespread economic concerns.
4 Views