The US stock market had a quiet end on Tuesday. However, there were big changes under the surface. Companies talked about how unhappy their customers feel. Some technology stocks continued to drop after the excitement over artificial intelligence (AI).
The S&P 500 rose by 0.1%. Earlier, it changed from a gain of 0.5% to a loss of nearly 1%. The Dow Jones added 32 points, and the Nasdaq composite gained 0.1%. Paramount Skydance helped lead the market, rising by 4.9%. This happened after Warner Bros. Discovery said Paramount could make a final bid to buy them.
General Mills, the company behind Cheerios and Pillsbury, dropped by 7%. It warned that its customers are feeling worried. The company expects profits to be less than expected.
Many surveys show American households feel weak confidence. They struggle with high prices and a slow job market. Some companies, like Genuine Parts, are also reporting lower results and plan to split into two firms in 2027.
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Vocabulary List:
6 words · tap to reveal
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AccentSpeed
Composite/kəmˈpɒzɪt/noun
A thing made up of several parts or elements.
Unhappy/ʌnˈhæpi/adjective
Not satisfied or pleased; feeling or showing discontent.
Confidence/ˈkɒnfɪdəns/noun
The feeling or belief that one can have faith in or rely on someone or something.
Results/rɪˈzʌlts/noun
The outcome or consequence of an action situation or event.
Expect/ɪkˈspɛkt/verb
To regard something as likely to happen; to anticipate.
Survey/ˈsɜːrveɪ/noun
A general view examination or description of someone or something.
