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Weekly Economic Snapshot: Sour Sentiment, Conflicting Sectors, and Modest Job Growth
Etftrendsยท 2025-11-10 14:32
Last week's economic data sent mixed signals. Consumer sentiment plummeted to a near-record low on economic anxiety, and the manufacturing sector continued its long contraction. However, the services sector rebounded into expansion, while the ADP jobs report showed modest job growth, albeit within a softening labor trend. These conflicting data points, combined with the ongoing government shutdown and concerns over high tech valuations, ultimately led the S&P 500 to its first weekly loss in over a month. AD ...