Another Wipeout Walloped Wall Street Friday. Adopting concerns about a poisonous mixture of aggravating inflation and the US economy slowing down because of families that they are afraid to spend due to the World Trade War.
SP 500 % has decreased for one of its worst days in the past two years. In its week, the fifth loss in the end of the last six, after it acquired a great gain to start the week.
Download Jones Industrial MEVERICE reduced 715 points, or 1.7 %, and the Nasdaq compound decreased by 2.7 %.
LululeMon Athletica led the market by a 14.2 % decrease, although Athletic Apparel has reported a stronger profit for the last quarter of what analysts expected. She warned that the growth of her revenues may slow down this year, partly due to the fact that “consumers spend less because of increased concerns about inflation and economy.”
People are working on the Options Hall on the New York Stock Exchange in New York, Monday, March 24, 2025.
AP Photo/Seth Wenig
Oxford Industries, the company that stands behind Tommy Bahama and Lilly Pulitzer Brands, has reported stronger results for the last quarter of expected but still witnessing its 5.7 % decrease. CEO Tom Chop said that he witnessed a “deterioration in consumer morale, which was also weighed on request” from January, which accelerated to February.
They encourage data points when one of the main concerns that hit Wall Street is that President Donald Trump’s escalating tariff may cause American families and companies to freeze their spending. Even if it ends with definitions until they are less painful than fear, each state of uncertainty may be liquidated in changing behaviors that harm the economy.
Friday’s report showed that all types of consumers who have become more pessimistic about their future financial resources. Two out of three unemployment expect to worsen next year, according to a survey conducted by the University of Michigan. This is the highest reading since 2009, and it raises concerns about the labor market, which was preserved on the American economy.
A separate report also sparked concerns after showing a wide follow -up, the primary measure of inflation was a worse touch last month than economists. I have followed reports on other inflation measures for February, but this is the most interest in the Federal Reserve because it decides what to do at interest rates.
Brian Jacobsen, chief economist at Annex Management, said that the report also showed that there is a basic measure of the amount of income achieved by the Americans, which excludes government social advantages and some other elements, “steps water during the past three months.”
“Families are not in a good place to absorb a little bit of customs tariffs,” he said. “The Federal Reserve Reserves will run either as inflation increased more than expected in February.”
The Federal Reserve can return to reduce interest rates, as was the case late last year, in order to give the economy and financial markets a boost. But such discounts will also pressure inflation, which was more than 2 % of the Federal Reserve Bank.
The economy and the labor market are held so far, but if it will weaken while inflation remains high, it will lead to the worst scenario called “stagnation”. Washington policy makers have some good tools to fix them.
On Friday, some sharp losses in Wall Street struck companies that need customers to feel sufficient to spend, not only on yoga clothes or beach clothes. Loss of airlines Delta 5 %. Caesars Entertainment 5 %. Domino sank pizza 5.1 %.
The most heavy weights on the market were Apple, Microsoft and other large technology shares, whose huge sizes give their movements more influential on indexes. They and other shares arrested in frenzy on artificial intelligence technology are among the most difficult Wall Street sale.
Its prices have risen much more quickly than its revenues and profits already that critics have already said are very expensive. Coreweave, which helps the cloud platform helped by customers to manage the complex infrastructure of artificial intelligence, was flat on the first day of trading on the NASDAC.
On the other hand, among the relatively few emerging stocks in Wall Street, those that could make money regardless of what the economy is doing, such as facilities. American water works increased 2.2 %.
He was told, sAnd P 500 decreased 112.37 points to 5580.94. Dow Jones 715.80 to 41,583.90, and the compound on the Nasdaq Stock Exchange lost 481.04 to 17322.99.
Stock markets are likely to remain fragile with the approaching date of a date for more customs tariffs. This is what Trump called “Liberation Day”, when he puts the customs duties designed for both commercial partners in the United States.
In stock markets abroad, indexes decreased sharply in Japan and South Korea, where car manufacturers felt more pressure after Trump announced that he intended to impose a 25 % tariff on car imports. Hyundai Motor decreased by 2.6 % in Seoul, while Honda Motor fell by 2.6 %, and Toyota Motor drowned 2.8 % in Tokyo.
The Thailand Group lost 1 % after a strong earthquake that focused in Myanmar on the region, causing the Prime Minister to declare a state of emergency for the capital, Bangkok.
In the bond market, the return on the cabinet decreased for 10 years to 4.25 % from 4.38 % late on Thursday. It tends to decrease when expectations for economic growth or inflation in the United States are upset.
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