The stock market went down today! The Nasdaq, a big part of the stock market, dropped more than 1%. This happened partly because people feel less confident about the economy. A survey showed that people are worried about prices being too high.
- Consumer confidence is down.
- People are worried about inflation (prices going up).
- This worries investors, causing stock prices to fall.
Fact | Number |
---|---|
Consumer Confidence Index (February) | 98.3 |
Consumer Confidence Index (January) | 105.3 |