Stock Market Struggles Amid Economic Uncertainty
Wall Street faces turbulence as economic uncertainty, tariffs, and Federal Reserve policies weigh on investor sentiment. Here’s what you need to know.
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The U.S.
stock market edged lower on Thursday, with the S&P 500 slipping 0.2%, the Dow Jones Industrial Average dipping
11 points, and the Nasdaq falling 0.3%.
Despite strong economic data, uncertainty surrounding tariffs and Federal Reserve policies kept investors cautious.
The Federal Reserve kept interest rates unchanged but reaffirmed its plan for two rate cuts this year.
Fed Chair Jerome Powell acknowledged economic uncertainty but suggested that inflationary effects from tariffs may be temporary.
Investors remain on edge as President Trump’s tariff policies create uncertainty.
The European Union may delay retaliatory tariffs, but concerns persist over their potential impact on inflation and economic
growth.
Accenture’s stock dropped over 7% due to concerns about reduced government spending, while FedEx shares fell after the
company cut its earnings outlook, citing economic uncertainty.
Tesla recalled over 46,000 Cybertrucks due to a panel defect, adding to its struggles as the stock remains
down over 40% this year.
Despite this, some analysts still see long-term potential.
