The stock market went down this week! It's like a rollercoaster, sometimes going up, sometimes down. This week, it's mostly been down because people are worried about the economy.
- People are worried about less spending and possible job losses.
- Surveys show that people aren't feeling as confident about the economy.
- Big companies' reports will help us understand if things will get better or worse.
| What happened | Numbers |
|---|---|
| Nasdaq (a tech stock market) went down | More than 1% in one day, about 4.5% in 5 days |
| Consumer confidence | Lowest since August 2021 |
Experts are watching closely to see what happens next. It's all a bit uncertain right now!
