US stocks turn lower after weak consumer-confidence reading

Stagflation, reflation, soft landing or a slump --- what Wall Street expects in the second half of 2022

US stocks gave up early gains to turn lower Tuesday after a consumer-confidence reading came in weaker than expected. What’s happening The Dow Jones Industrial Average DJIA, -0.69% was down 185 points, or 0.6%, at 31,253. The S&P 500 SPX, -1.07% fell 38 points, or 1%, to 3,862. The Nasdaq Composite COMP, -1.85% dropped 202 … Read more

US stocks turn lower after weak consumer-confidence reading

Stagflation, reflation, soft landing or a slump --- what Wall Street expects in the second half of 2022

US stocks gave up early gains to turn lower Tuesday after a consumer-confidence reading came in weaker than expected. What’s happening The Dow Jones Industrial Average DJIA was down 185 points, or 0.6%, at 31,253. The S&P 500 SPX fell 38 points, or 1%, to 3,862. The Nasdaq Composite COMP dropped 202 points, or 1.8%, … Read more