Wall Street Stocks Plunge
This is a U.S. news story, published by Yahoo Finance, that relates primarily to McDonald's news.
U.S. news
For more U.S. news, you can click here:
more U.S. newsstocks trading & speculation news
For more stocks trading & speculation news, you can click here:
more stocks trading & speculation newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like stocks trading & speculation news, you might also like this article about
market meltdown. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest economic downturn news, Great Recession news, stocks trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Dow JonesLos Angeles Times
•Sell-off on Wall Street: Why it is happening and what it says about the economy
80% Informative
Stocks had been dropping at worrisome rates for several days , but on Monday things went from concerning to panicky.
The Nasdaq composite was, for a moment on Monday , down more than 10% since the middle of last week .
The sudden pullback has jolted investors and raised questions about the underlying health of the economy.
Consumer spending, which drives the U.S. economy, has held up very well in recent years .
But there are indications from companies such as McDonald's and Starbucks that consumers are becoming more cautious.
Higher-income households account for a disproportionately big share of spending.
A sharp drop in stocks would have the reverse impact, a so-called negative wealth effect.
VR Score
87
Informative language
89
Neutral language
29
Article tone
formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
1
Affiliate links
no affiliate links