On Friday, March 28, 2025, U.S. stock markets experienced a notable pullback amid growing concerns over inflation and consumer spending. The S&P 500 declined by 1.5%, the Dow Jones Industrial Average dropped 1.2%, and the Nasdaq Composite fell 2.1%.
Economic data released on Friday indicated increased consumer pessimism and higher-than-expected inflation, signaling potential trouble for the economy. The Federal Reserve faces challenges balancing interest rates to manage inflation without hindering economic growth. Companies reliant on consumer confidence, such as Delta Air Lines and Caesars Entertainment, experienced steep declines, while more resilient sectors like utilities saw gains.
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