The end of the week does not bring an improvement in sentiment on the American stock market. Quite the opposite. NASDAQ100 is down almost 2%. Russel2000 and S&P500 are performing better, with declines of just over 1%. Dow is relatively well off, limiting its losses to 0.5%.
Data from the University of Michigan showed a significant weakening in consumer sentiment. The index assessing the current situation recorded a particularly large drop. The data surprised market participants significantly, and the trend is clearly negative.
Kevin Hesset, one of the main economic advisors to the White House, said that the…
