New York CNN —
Investors entered the New Year cheerful about the prospects of a business- and crypto-friendly Trump administration. Yet two months into 2025, US stocks have lagged Europe and Chinese stocks, bitcoin is sliding and concerns about inflation are mounting.
US stocks largely slid Tuesday as investors digested a poor outlook from a consumer confidence survey that showed heightened concern about inflation. The Conference Board’s consumer confidence index saw its largest monthly decline since August 2021.
The Dow wavered Tuesday morning before gaining 0.35% in afternoon trading. The benchmark S&P 500 was down
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