A trader worked on the New York Stock Exchange on Feb. 24, 2025.
The S&P 500 fell for the fourth day in a row. The Nasdaq Composite also dropped. Nvidia’s stock went down by 2.8%. The Dow Jones Industrial Average was the only one to go up.
The recent consumer confidence survey showed bad results, making people worried about the economy. Walmart’s news didn’t help either.
The bond market became popular as people looked for safety. Bitcoin’s price fell, and major bank stocks went down too.
Some popular stocks lost value, like Palantir and Tesla. Trade concerns are also on the rise.
Nvidia will share their quarterly results soon, giving more information about the artificial intelligence industry.
Vocabulary List:
- Confidence /ˈkɒnfɪdəns/ (noun): The feeling or belief that one can have faith in or rely on someone or something.
- Survey /ˈsɜːrveɪ/ (noun): A method of gathering information from individuals to gain insights on various topics.
- Concerns /kənˈsɜːrnz/ (noun): Worries or issues that may cause anxiety or unease.
- Market /ˈmɑːrkɪt/ (noun): A place or arena where commercial dealings are conducted.
- Value /ˈvæljuː/ (noun): The importance worth or usefulness of something.
- Results /rɪˈzʌlts/ (noun): The outcomes or conclusions derived from a study or analysis.
