Selling pressure heavy, S&P 500 loses recovery momentum due to recession fears - London Business News | Londonlovesbusiness.com
Briefly

The S&P 500 declined by 1.07%, ending a two-day winning streak amid fragile market sentiment influenced by U.S. economic policies. Economic indicators such as February's retail sales increase of just 0.2% and a drop in the Empire Manufacturing Index signal weakness in the economy. President Trump's comments about a possible recession due to trade negotiations have further eroded investor confidence. The VIX index's persistent elevation above 20 reflects escalating concerns about market volatility, suggesting that the risk-averse sentiment among investors may continue to exert downward pressure on stock prices.
The increase in the VIX index suggests a growing risk-averse sentiment as uncertainty over U.S. economic and trade policies intensifies.
Read at London Business News | Londonlovesbusiness.com
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