Stocks Unfazed by Robust Consumer Confidence

Stocks Unfazed by Robust Consumer Confidence


  STOCK MARKET FORECAST: NASDAQ 100 STRUGGLING DESPITE BIG BEAT ON CONSUMER CONFIDENCE DATA The Nasdaq 100 is trading on its back foot so far this morning as major stock indices drop following the New York opening bell. Stock market selling pressure has been relatively modest, however, with the NasdaqRead More →

Nasdaq 100 falls on consumer confidence report


  Consumer Confidence, Nasdaq 100, COVID – Talking Points. University of Michigan consumer confidence remains suppressed COVID-19 outbreak continues to affect consumers outlook Nasdaq 100 falls after consumer sentiment report The preliminary University of Michigan Consumer Confidence Index traded at 72.8 last Friday morning, compared to expectations of 72.5. FollowingRead More →

U.S. consumer credit growth weakens a bit in August


Bloomberg A customer inserts a chip debit card into a credit card terminal at a Walmart Inc. location in Burbank, Calif. The numbers: Consumer borrowing growth weakened a bit in August, led by weaker credit card debt, according to Federal Reserve data released Monday. Total consumer credit increased $17.9 billion,Read More →

U.K. consumer confidence falls amid Brexit nerves


British consumers grew more pessimistic about the shape of the nation’s economy and about their personal finances in August as worries over Britain’s approaching exit from the European Union grew, according to a survey by market researchers GfK. The data adds to a troubling picture for the U.K. economy, whichRead More →