US stocks post worst slide in two months on gloomy economic data
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US shares have fallen to a maximum of two months, as the gloomy economic data bout has been provided with moods among consumers, and businesses have frozen in the presidency of Donald Trump a month.
On Friday, the S & P 500 has been the worst slide of the Blue-Chip index of Wall Street since December 18, when the Federal Reserve reduces interest rates, but Signaled slow pace Through monetary policy in 2025.
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The sharp decline came as a series of reports announced that the world’s largest economy stood climbing up the rising prices and inflation. Trump tariffs have also started tooth mood in consumers and businesses.
Wall Street’s Wobble interrupts the rally in US shares that sent a record to a record on Wednesday.
Trump’s Cutting and Growth Promotion Policy has given stocks after its election in November, but some of that spirit have recently relieved that concerns are widely expected on inflation.
The data released on Friday decreased by 4.9 percent compared to the previous month, as buyers struggled in large mortgage pace and raised prices.
At the same time, the closely viewed criterion of confidence of consumers spread by the University of Michigan has fallen sharply since January. The study also showed long-term inflation expectations, which have reached the highest level since 1995.
“The short answer is that the consumer had problems,” said Steve Sosnik, the main economist of interactive brokers, indicating weaker data in the last week, including soft sales.
A close viewing survey of S & P Global has shown that the activity of the enormous Armenian service in the United States has been conditioned by a contract for more than two years. The manufacturers noted that the incoming costs increased sharply as a result of raising tariff prices and wages.
“At the beginning of the year, the mood for our business was evaporated, the termination of enhanced uncertainty, business activity and rising prices.
Reflecting the width of Friday’s sales, almost four of the five S & P 500 decreased, and the small Cap-Cap-Nocked Russell 2000, which consists of more than 2%.
Only consumer stitches are classic defense game on Friday, Friday, from 11 areas of S & P. Consumer discretionary, which performs well when the growth is good, was the worst performer, slipping 2.8 percent.
On Friday, he also mentioned the expiration of the highest amount of stock options. Such sessions often tend to be described in the risk of unstable shares.
The sale was accompanied by a rally of treasury posts, as investors were looking for the relative security of the government’s debt and coming to the end of the continuous geopolitical uncertainty.
At the beginning of this week, Trump said that he could import 25 percent tariffs on April 2, as well as the prospect of installing imported semiconductor and pharmaceutical charges. The United States also said that it would cut huge tariffs against Mexico and Canada, its largest trading partners.
The administration also cuts thousands of federal workers, and Trump has tested political nerves, opening peace talks with Russia to end the war in Ukraine and President Volodkich Zelensky.
The yield of the 10-year-old 10-year-old treasury in the United States has decreased by 0.08 percentage less than two weeks lower than 4.42%.
State bonds have also increased in Europe. The yield of the 10-year package decreased by 0.08 percentage points, by 2.45% of Germany Federal election Sunday, which inquiries show that the Central Right Christian Democratic Union will win.
Unlike their US peers, a wide range of Europe’s largest shares has been closed on Friday, although Germany’s ducks slightly low.
Additional report, Jennifer Hughes in New York