Why Is the Stock Market Down Today, 3/13/26?

robot
Generación de resúmenes en curso

Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) reversed their gains on Friday following a wave of economic data releases.

Claim 70% Off TipRanks Premium

  • Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions

  • Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential

First, the Personal Consumption Expenditures (PCE) index, a measure of inflation, rose by 2.8% annually in January, in line with the consensus estimate and edging down from 2.9% in December. Core PCE, which excludes volatile food and energy prices, was in line with the estimate of 3.1% and increased from 3.0%.

GDP Growth Slashed in Half as Job Openings Rise

Meanwhile, gross domestic product (GDP) slowed dramatically in the fourth quarter, as the Bureau of Economic Analysis (BEA) halved its estimate to 0.7% from 1.4% amid a slowdown in government spending. In addition, the preliminary Index of Consumer Sentiment for March fell by 1.1 points to 55.5, registering its lowest level this year.

Finally, the Job Openings and Labor Turnover Survey (JOLTS) showed 6.946 million job openings in January, above the estimate of 6.75 million and rising from 6.55 million in the prior month. Furthermore, the job openings rate, which indicates how many jobs are available relative to the size of the labor market, grew to 4.2% from 3.9%.

Disclaimer & DisclosureReport an Issue

Esta página puede contener contenido de terceros, que se proporciona únicamente con fines informativos (sin garantías ni declaraciones) y no debe considerarse como un respaldo por parte de Gate a las opiniones expresadas ni como asesoramiento financiero o profesional. Consulte el Descargo de responsabilidad para obtener más detalles.
  • Recompensa
  • Comentar
  • Republicar
  • Compartir
Comentar
Añadir un comentario
Añadir un comentario
Sin comentarios
  • Anclado