Tag: Consumer Discretionary

Stocks had a challenging week, as early gains faded amid investor concerns over inflation and escalating trade tensions. The S&P 500 fell 1.53%, marking its fifth weekly decline in six weeks. Technology stocks were hit particularly hard, dropping 2.1%, while consumer discretionary, consumer staples, and energy sectors managed slight gains. Investor sentiment was tested as core consumer prices rose more than anticipated, fueling inflation worries, and consumer spending showed signs of ...