Stocks Plunge Ahead of Fed Decision
Update: 2025-12-08
Description
Stocks plummeted in afternoon trading this week, following dismal economic data and ahead of the Federal Reserves policy decision. Consumer spending stagnated in September, marking its weakest growth in four months, while consumer sentiment index showed a slight improvement but remained low. New orders for factory goods also increased less than expected. These indicators suggest a broader slowdown in consumer spending and industrial production, presenting potential buying opportunities for investors.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
