Stocks Tick Lower as Economic Data Send Mixed Signals
Market Intelligence Analysis
AI-PoweredThe stock market declined on Tuesday due to mixed signals from recent economic data, further complicating the Federal Reserve's decision-making process.
Market impact analysis based on bearish sentiment with 79% confidence.
Article Context
The stock market’s skid continued on Tuesday after the latest wave of economic data sent Wall Street mixed signals. The Nasdaq Composite was down 0.3%. “For a data-dependent Fed, this morning’s data will only increase the internal debate,” writes Chris Zaccarelli, chief investment officer at Northlight Asset Management.
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