Hey kids! Did you know the stock market, where grown-ups buy and sell parts of big companies, had a bumpy week? It's like a rollercoaster, sometimes going up, sometimes down!
This week, things weren't so great. Many people worried about the economy slowing down. That's like your toy car running out of batteries!
Here's what happened:
- Some important US businesses reported lower sales, showing things aren't as good as they seemed.
- People are feeling less confident about the economy – that’s like feeling unsure about finishing your homework.
- The stock market went down. The Dow Jones, a famous market measure, had its biggest drop in a while.
Thing | Number/Fact |
---|---|
S&P 500 drop | 1.7% |
Nasdaq drop | 2.2% |
Russell 2000 drop | 3% |
10-year Treasury yield | Near 3-week low at 4.40% |
Experts are keeping a close eye on things. It's like watching your plant to see if it needs more water!