But there are several other data points that would confirm the strength of the economy. On the other hand, inflation is tame, as we saw in the most recent Consumer Price Index readings. And then the third quarter results, the banks are the first major sector to report and they did well.
US stock: S&P 500 ends lower as investors weigh data, Middle East tensions
The S&P 500’s streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a strong outlook, Applied
August 14, 2026