Nasdaq touches over one-month low after weak consumer sentiment data
Source: Reuters
The tech-heavy Nasdaq led Wall Street declines on Tuesday, hitting a six-week low after fresh economic data indicated a deterioration in consumer sentiment and investors braced for the potential impact of tighter U.S. trade curbs on Beijing.
A Conference Board report showed an index tracking consumer confidence stood at 98.3 in February compared with an estimate of 102.5, according to economists polled by Reuters.
Investors also focused on a report that said the U.S. was planning further restrictions on Nvidia's chip exports to China and that Washington was consulting with allies about tightening chip controls on China.
Nvidia dropped 2.9%. Other semiconductor stocks also fell, with the broader Philadelphia SE Semiconductor Index down 1.6%.
Read more: https://www.reuters.com/markets/us/futures-dip-markets-weigh-trade-risks-nvidia-down-before-results-2025-02-25/
tRump did that !!!!!
= new reply since forum marked as read
It'll be my usual purchases! Shutting down my spend until the orange sex-abuser, fraudster, inveterate liar, MORON is gone 
