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DeepNewz, mobile.
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U.S. stocks experienced a sharp decline on Friday, with the S&P 500 erasing nearly all gains made since President Donald Trump took office last month. This downturn follows the release of economic reports indicating growing concerns among consumers and businesses regarding Trump's policies. A widely watched measure of consumer sentiment revealed increasing fears over persistent inflation and the potential impact of Trump's unilateral tariff strategies. As a result, Wall Street is distancing itself from record highs, reflecting a cooling sentiment just a month into Trump's presidency.
U.S. stocks fell sharply after reports showed worries about President Donald Trump’s policies may be hitting the economy. https://t.co/RgCve3TLt7
Stocks tumble, with S&P 500 wiping out almost all of its gains since Pres Trump took office last month, after widely watched measure of how consumers feel about economy showed mounting fears over stubborn inflation and Trump’s unilateral tariff war, @nytimes rpts: e
"US stock markets fell sharply Friday after an economic report showed American consumers are growing increasingly fearful of price increases and how President Donald Trump’s tariffs could reignite the inflation crisis." https://t.co/pZ6B6tpDxJ