#Stocks tumbled on Fri, w/the S&P 500 wiping out almost all of its gains since #Trump took office, after a widely watched measure of how #consumers feel about the #economy showed mounting fears over #inflation.
The S&P 500 fell 1.7%, adding to a modest dip on Thurs & notching the worst week of Trump’s 2nd term…. The index is now just 0.3% higher since Inauguration Day. Other stock indexes also fell, w/the #tech-heavy #Nasdaq Composite dropping over 2% on Friday.
#USpol
https://www.nytimes.com/2025/02/21/business/stock-market-declines-trump.html?smid=nytcore-ios-share&referringSource=articleShare
