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U.S. stocks turn lower as weak consumer sentiment report reignites recession fears

Por: MarketWatch Business May 12, 2023

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What’s driving markets U.S. stocks started Friday’s session with modest gains as shares of beaten-down regional banks recovered, while shares of technology companies benefiting from the artificial intelligence craze also contributed to gains. However, the main indexes turned lower in mid-morning trade following the release of the University of Michigan’s gauge of consumer sentiment, which fell to a preliminary May reading of 57.7, down... + full article



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