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Barchart
Barchart
Rich Asplund

INSANE: Stocks are undercut by us consumer sentiment decline | Rare Historical Photos

The S&P 500 Index ($SPX) (SPY) is down -0.11%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.40%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.50%.  September E-mini S&P futures (ESU25) are down -0.22%, and September E-mini Nasdaq futures (NQU25) are down -0.66%. 

Stocks are seeing downward pressure today after the weaker-than-expected US consumer sentiment index.  The rest of today's US economic news was largely in line with market expectations.  Today's US retail sales report was supportive of the US economic growth outlook.  US stocks were undercut by a weaker global economic outlook after weak Chinese economic reports today.

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