Consumer confidence in the US weakened with the Conference Board's Consumer Confidence Index falling to 120.0 in March from 132.6. Analysts’ has expected a reading of 115.0.
Despite the better-than-expected data, US indices are struggling to continue their upward movement from yesterday. As of writing, the Dow Jones Industrial Average was down 0.41% on the day while the S&P 500 dropped 0.52%.. Source: Macrobond, XTB research.US OPEN: Market extends decline at the end of the week
CAD Gains on Strong Canadian Labor Market Data 💡
Daily summary: Optimism on Wall Street eases again🗽US Dollar drops from recent highs
US Open: US100 loses 1% amid semiconductors & software stocks sell-off📉