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US Consumer Confidence Is Falling: What It Means For Investors
Tuesday, May 31, 2022 - 1:32pm | 372Persistently elevated inflation and a slowing economy are taking their toll on U.S. consumer confidence, and it could spell bad news for the SPDR S&P 500 ETF Trust (NYSE: SPY). What Happened? U.S. consumer confidence dropped to a three-month low in May, according to the Consumer Confidence...