Investor sentiment on Wall Street has turned grim, with consumer sentiment at its lowest since 2022. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all declined, despite Nvidia’s announcement of new AI chips. Surveys show an increased probability of recession and reduced GDP forecasts. Across the Atlantic, Germany’s DAX index rose following a fiscal package approval. Google’s acquisition of Wiz and a narrow ceasefire agreement between the U.S. and Russia were also announced. — news from CNBC
