The numbers: The National Association of Home Builders’ monthly confidence index plunged 12 points to 55 in July, the trade group said Monday. The decline was much larger than expected. Read more
Tag: confidence
‘I just wake up and cry’: Voyager and Celsius bankruptcies have destroyed some crypto investors’ confidence in centralized platforms
Yotsy Ruiz recently bought his first ever crypto hardware wallet — a Nano X from Ledger. He is transferring all his crypto holdings that he can still move to the Read more
Caesars, SeaWorld downgraded on ‘waning’ confidence in ability to withstand looming recession
Shares of Caesars Entertainment Inc. and SeaWorld Entertainment Inc. slumped Wednesday after downgrades from KeyBanc analyst Brett Andress, who cited growing concerns over the companies’ prospects as a potential economic Read more
Rivian’s second-quarter sales, production a ‘boost’ for investor confidence, analysts say
Rivian Automotive Inc. stock rallied Wednesday after Wall Street viewed the electric-vehicle maker’s quarterly sales and production numbers as boding well for Rivian’s 2022 targets. Rivian RIVN earlier Wednesday reported Read more
Investors lose confidence worldwide as aggressive rate hikes drive market volatility higher, State Street data says
Investor sentiment around the world took a hit in June, according to one measure, with global equity markets closing out an ugly first half to 2022. State Street data showed Read more
U.S. stocks end lower, Dow falls almost 500 points as consumer confidence slumps
U.S. stocks closed sharply lower Tuesday, falling for a second straight day, as a fresh reading on consumer confidence slumped more than expected. The Dow Jones Industrial Average DJIA, -1.56% Read more
Consumer confidence falls to 16-month low on worries about inflation and economy
The numbers: A survey of U.S. consumer confidence dropped in June to a 16-month low of 98.7, as Americans grew more worried about high gas and food prices and the Read more