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US Stock Markets Waver as Consumer Sentiment Hits Six-Month Low

Despite mixed movements in major indexes, a significant drop in consumer confidence raises concerns over economic outlook.

  • Dow Jones clings to marginal gains amid broader market uncertainty, eyeing its eighth consecutive win.
  • Consumer sentiment index plunges to 67.4, significantly below expectations, signaling increased economic anxiety.
  • Tech-heavy Nasdaq and S&P 500 show subdued performance as investors react to potential prolonged high interest rates.
  • Taiwan Semiconductor Manufacturing Co. (TSMC) sees a surge in sales, boosting related tech stocks like Nvidia.
  • Federal Reserve speakers, including Michelle Bowman and Neel Kashkari, to provide insights into future interest rate policies.
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