U.S. equity markets declined significantly after new data revealed rising inflation expectations and weakening consumer confidence. The latest University of Michigan consumer sentiment index dropped to 58.2 in August, down from 61.7 in July, signaling growing pessimism among households.\n\nAt the same time, the survey indicated an increase in anticipated inflation, which may influence Federal Reserve policy decisions and weigh on investor sentiment.\n\nThe Dow Jones Industrial Average lost 223 points, or 0.5%. The S&P 500 fell 0.8%, while the Nasdaq Composite registered a steeper decline of 1.2%, reflecting heightened caution in technology and growth-oriented sectors.\n\nThe pullback follows a period of volatility, with market participants closely monitoring economic indicators for signs of persistent price pressures and slowing demand.\n— news from Barron’s\n\n— News Original —\nStocks Take Another Turn Lower After Disappointing Economic Data\n\nThe stock market fell sharply after the University of Michigan’s latest survey of consumers showed an uptick in inflation expectations. \n\nThe Dow fell 223 points, or 0.5%. The S&P 500 dropped 0.8%. The Nasdaq Composite dropped 1.2%. \n\nThe University of Michigan’s index of consumer sentiment fell to a reading of 58.2 in August from 61.7 in July.
