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Traders work on the floor of the New York Stock Exchange on March 28, 2025, in New York City. Spencer Platt | Getty Images Monday was the last trading day of the quarter. U.S. stocks took a heavy beating during the period: Both the S&P 500 and Nasdaq Composite broke their five-quarter winning streaks and … Read more
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday. Retail sales slipped 0.9% for the month from an upwardly revised 0.7% gain in December, even worse than the Dow Jones estimate for a 0.2% decline. The sales totals are adjusted for seasonality … Read more
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