Why did Moody's downgrade US credit rating?
How will NJ Transit strike impact commuters?
What drives Charter-Cox $34.5B merger?
Why is Novo Nordisk's CEO stepping down?
How did Trump’s Middle East tour affect investments?
What caused Coinbase cyberattack and its fallout?
How will Federal Reserve's 10% staff cut affect economy?
Why did Apple block Fortnite on iOS globally?
What risks does AI pose to business data security?
Consumer sentiment plunges to near-record lows—but stock markets remain unfazed
fortune.com/2025/05/16/consumer-sentiment-may-stock-markets-sp-500-nasdaq-dow-jones
The S&P 500 edged upwards on Friday despite a drop in May in consumer sentiment and aggressive comments from President Donald Trump that his administration will impose new tariffs on some trading partners.
Stock prices closed near their February highs on Friday—even though consumer…
This story appeared on fortune.com, 2025-05-16 20:10:12.