{"id":127855,"date":"2025-02-25T17:49:35","date_gmt":"2025-02-25T17:49:35","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/stock-market-today-wall-street-falls-as-us-consumers-get-more-pessimistic-about-inflation-tariffs-the-associated-press\/"},"modified":"2025-02-25T17:49:35","modified_gmt":"2025-02-25T17:49:35","slug":"stock-market-today-wall-street-falls-as-us-consumers-get-more-pessimistic-about-inflation-tariffs-the-associated-press","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/stock-market-today-wall-street-falls-as-us-consumers-get-more-pessimistic-about-inflation-tariffs-the-associated-press\/","title":{"rendered":"Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffs – The Associated Press"},"content":{"rendered":"

Copyright 2025 The Associated Press. All Rights Reserved.
An American flag is displayed on the New York Stock Exchange in New York, Monday, Feb. 24, 2025. (AP Photo\/Seth Wenig)
The New York Stock Exchange, Tuesday, Jan. 28, 2025, in New York. (AP Photo\/Julia Demaree Nikhinson)
A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Tuesday, Jan. 28, 2025, in New York. (AP Photo\/Julia Demaree Nikhinson, File)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won, right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 24, 2025. (AP Photo\/Ahn Young-joon)
An American flag is displayed on the New York Stock Exchange in New York, Monday, Feb. 24, 2025. (AP Photo\/Seth Wenig)
An American flag is displayed on the New York Stock Exchange in New York, Monday, Feb. 24, 2025. (AP Photo\/Seth Wenig)
The New York Stock Exchange, Tuesday, Jan. 28, 2025, in New York. (AP Photo\/Julia Demaree Nikhinson)
The New York Stock Exchange, Tuesday, Jan. 28, 2025, in New York. (AP Photo\/Julia Demaree Nikhinson)
A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Tuesday, Jan. 28, 2025, in New York. (AP Photo\/Julia Demaree Nikhinson, File)
A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Tuesday, Jan. 28, 2025, in New York. (AP Photo\/Julia Demaree Nikhinson, File)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won, right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 24, 2025. (AP Photo\/Ahn Young-joon)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won, right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 24, 2025. (AP Photo\/Ahn Young-joon)
NEW YORK (AP) \u2014 Wall Street is falling again Tuesday as U.S. households get more pessimistic<\/a><\/span> about the economy because of inflation, tariffs and other policies coming from Washington.
The S&P 500 was down 0.8% in midday trading. It\u2019s coming off a three-day losing streak<\/a><\/span> after setting an all-time high<\/a><\/span> last week. The Nasdaq composite was 1.7% lower, as of 11:15 a.m. Eastern time, while the Dow Jones Industrial Average was an outlier and up 25 points, or 0.1%.
The U.S. stock market has been sinking since the middle of last week after several weaker-than-expected reports on the economy thudded onto Wall Street. On Tuesday, the latest update said confidence among U.S. consumers is falling by more than economists expected.
To be sure, the U.S. economy still appears to be in solid shape<\/a><\/span>, with growth continuing<\/a><\/span> at the moment. But for the first time since June, a measure of consumers\u2019 expectations for the economy in the short term fell below a threshold that usually signals a recession ahead, according to The Conference Board. The increase in pessimism was broad-based and carried across both higher- and lower-income households, as well as older and younger ones.
AP business correspondent Damian Troise reports the stock market is trying to move back to record highs.
\u201cThere was a sharp increase in the mentions of trade and tariffs, back to a level unseen since 2019,\u201d according to Stephanie Guichard, senior economist, global indicators at The Conference Board. \u201cMost notably, comments on the current administration and its policies dominated the responses.\u201d
Wall Street closely tracks such data because spending by U.S. households is the biggest engine driving the U.S. economy. And Tuesday\u2019s report echoed what an earlier report<\/a><\/span> from the University of Michigan suggested: Consumers see the current situation as OK, but they\u2019re worried about the future. <\/p>\n

Within the S&P 500, the heaviest weights included high-momentum stocks that had been among Wall Street\u2019s biggest stars in recent years. Nvidia fell 3.2%, for example, while Tesla tumbled 8.5%.
Bitcoin also sank, falling back below $87,000, which dragged down stocks of companies in the crypto industry. MicroStrategy, the company that\u2019s raised money with the express purpose of buying bitcoin and now goes by the name Strategy, fell 11.1%
Zoom Communications dropped 9% even though it reported stronger results for the latest quarter than expected. Analysts at UBS pointed to the company\u2019s forecast for revenue growth in the upcoming year, which fell a bit short of their own estimate.
They helped offset a 3.5% rise for Home Depot, which delivered a stronger profit<\/a><\/span> for the latest quarter than analysts expected. CEO Ted Decker, though, said the retailer is still contending with an uncertain economy and higher interest rates, which hems in customers\u2019 ability to spend on home improvements.
Home Depot was the biggest reason the Dow Jones Industrial Average, which includes only 30 stocks, was doing so much better than the S&P 500 and other broader measures of the market.
Slightly more stocks rose on Wall Street than fell, though many of the gainers were smaller in size. That means they have less of an impact on the S&P 500 and other indexes than Nvidia and Big Tech stocks, which are massive in size.
Keurig Dr Pepper rose 4.5% after the company behind Snapple, Canada Dry and K-cup coffees reported better results for the end of 2024 than analysts expected. Growth was stronger for its U.S. operations than for its international business, which contended with a heavy drag caused by shifting foreign-currency values.
The pace of profit reports is slowing, but what\u2019s perhaps the most anticipated report<\/a><\/span> is still to come on Wednesday. That\u2019s Nvidia<\/a><\/span>, which has grown to become one of Wall Street\u2019s most influential stocks because of nearly insatiable demand for its chips.
Wednesday will provide the first earnings report for the chip company and its CEO, Jensen Huang, since a Chinese upstart, DeepSeek<\/a><\/span>, upended the artificial-intelligence industry by saying it developed a large language model that can compete with big U.S. rivals without having to use the top-flight, most expensive chips.
That called into question all the spending Wall Street had assumed would go into not only Nvidia\u2019s chips but also the ecosystem that\u2019s built around the AI boom, including electricity to power large data centers.
In the bond market, Treasury yields pulled back as investors herded into investments generally seen as safer when U.S. economy\u2019s prospects look rockier. Yields have been swinging sharply since President Donald Trump\u2019s election, amid uncertainties about how his policies on tariffs, immigration and taxes could affect the global economy.
Dramatically altering relations under Trump, the United States split with its European allies<\/a><\/span> by refusing to blame Russia for its invasion of Ukraine in votes on three U.N. resolutions Monday seeking an end to the three-year war.
Additionally, Trump has antagonized U.S. trading partners<\/a><\/span> recently, threatening to raise tariffs and inviting them to retaliate with import taxes of their own. Trump said Monday<\/a><\/span> that tariff hikes on imports from Canada and Mexico will move ahead after a one-month delay.
The yield on the 10-year Treasury fell to 4.30% from 4.40% late Monday, which is a notable-sized move for the bond market.
In stock markets abroad, indexes were mixed in Europe after falling across much of Asia. Tokyo\u2019s Nikkei Nikkei 225 lost 1.4% after markets in Japan reopened from a holiday on Monday.
AP Business Writers Elaine Kurtenbach and Matt Ott contributed.<\/p>\n

Copyright 2025 The Associated Press. All Rights Reserved.<\/p>\n

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Copyright 2025 The Associated Press. All Rights Reserved.An American flag is displayed on the New York Stock Exchange in New York, Monday, Feb. 24, 2025. (AP Photo\/Seth Wenig)The New York Stock Exchange, Tuesday, Jan. 28, 2025, in New York. (AP Photo\/Julia Demaree Nikhinson)A sign outside the New York Stock Exchange marks the intersection of Wall […]<\/p>\n","protected":false},"author":1,"featured_media":127856,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-127855","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/127855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=127855"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/127855\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/127856"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=127855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=127855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=127855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}