Wall Street skidded on Friday amid higher-than-expected inflation data and fears about the impact of President Trump's tariffs.
Investors looked ahead to the latest reading of the personal consumption expenditures price index, due on Friday.
US stocks rebounded Monday to cap a volatile month and quarter as trade-war worries mount in the run-up to President Trump's tariff bonanza later in the week. Markets wrapped up March on a woeful note after a rough month and quarter beset by Trump's fast-evolving tariff policy.
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the “Extreme Fear” zone on Friday. U.S. stocks settled lower on Friday, with the Dow Jones index falling more than 700 points during the session as investors assessed recent tariff-related news.
Stocks sold off Friday after new federal data showed prices rising faster than expected, reigniting inflation fears on Wall Street. The Dow Jones Industrial Average was down more than 630 points
The Dow Jones plummeted over 700 points on Friday. Investor sentiment is deteriorating after key PCE inflation metrics ticked higher. Ongoing tariff fears and souring consumer sentiment are also ...
The weekend may not have been too relaxing for market participants who saw the S&P 500 and Dow Jones plunge almost 2% Friday with the Nasdaq off by almost 3%. But investors may have to get used to anxiety.
US stock indices deepened their losses as data showed that the inflation favored by the Federal Reserve rose at the highest pace since January 2025, amid plummeting consumer confidence on weak expectations for unemployment and inflation. The Dow Jones Industrial Average declined 1.7%, or 715 points, to 41,583, posting a weekly loss of 0.95%.
The closely watched survey showed a reading of 57.0 for the month, down 11.9% from February and 28.2% from a year ago.