Latest Consumer confidence News

US stocks end mixed a day after Dow entered a bear market

Sep. 27, 2022 16:42 PM EDT

A wobbly day of trading on Wall Street ended with a mixed finish for U.S. stock indexes Tuesday as markets stagger amid worries about a possible recession. The volatile trading comes a day after a broad sell-off sent the Dow Jones Industrial Average into a bear market, joining other...

US consumers gaining confidence as gas prices keep falling

Sep. 27, 2022 11:46 AM EDT

WASHINGTON (AP) — U.S. consumers grew more confident for the second month in a row as gas prices continued to fall. The Conference Board said Tuesday that its consumer confidence index rose to 108 in September, from 103.6 in August. The back-to-back monthly increases follow three...

US consumers more confident in August as gas prices dip

Aug. 30, 2022 11:09 AM EDT

WASHINGTON (AP) — Following three straight monthly declines, U.S. consumer confidence rebounded in August as inflation moderated and gas prices fell. The Conference Board said Tuesday that its consumer confidence index rose in August to 103.2 from 95.3 in July. The...

How major US stock indexes fared Monday 8/29/2022

Aug. 29, 2022 16:34 PM EDT

Stocks closed lower on Wall Street, adding to their recent losses as traders realized how determined the Federal Reserve is to keep interest rates high to fight inflation. The S&P 500 gave back almost 1% Monday. Technology companies were the biggest drag on the index. The Nasdaq...

Consumer confidence, Campbell Soup earns, jobs report

Aug. 29, 2022 00:11 AM EDT

A look at some of the key business events and economic indicators upcoming this week: EYE ON CONSUMERS The Conference Board delivers its latest index of U.S. consumer confidence Tuesday. Economists expect the reading edged up in August to 96.9. A reading...

Consumers confidence slides for third straight month in July

Jul. 26, 2022 10:47 AM EDT

WASHINGTON (AP) — U.S. consumer confidence slid again in July higher prices for food, gas and just about everything else continued to weigh on Americans. The Conference Board said Tuesday that its consumer confidence index fell to 95.7 in July from 98.4 in June, largely due to...

Consumer confidence, Fed policy statement, Amazon earns

Jul. 25, 2022 03:11 AM EDT

A look at some of the key business events and economic indicators upcoming this week: CONFIDENCE SLIPPING The Conference Board delivers its latest index of U.S. consumer confidence Tuesday. Economists expect the reading fell in June to 97. That would be...

Stocks end higher on Wall Street, still down for the week

Jul. 15, 2022 16:52 PM EDT

Wall Street capped a week of losses with a broad rally for stocks Friday, as investors welcomed solid earnings from big companies and an encouraging report on consumer sentiment and inflation expectations. A July survey from the University of Michigan showed that inflation...

How major US stock indexes fared Friday 7/15/2022

Jul. 15, 2022 16:34 PM EDT

Stocks closed higher on Wall Street Friday following some encouraging economic data on consumer sentiment and inflation expectations. The gains weren’t enough to pull major indexes out of the red for the week, however, following worrisome reports on high prices facing consumers and...

Wall Street expects inflation squeeze on 2Q earnings

Jul. 07, 2022 10:01 AM EDT

NEW YORK (AP) — Inflation tightened its grip on businesses and consumers during the second quarter and investors expect to see a dent in the latest round of corporate earnings. Wall Street already had expected relatively muted earnings growth in 2022 following a sharp recovery in...