Tag: Consumer confidence

Consumer confidence stands as one of the pivotal psychological barometers that have shown to directly influence market behavior, notably impacting the Dow Jones Industrial Average (DJIA). Broadly speaking, when consumer confidence is high, people are more likely to spend money, which can lead to increased sales and higher profits for companies within the Dow. Conversely, when confidence is low, spending tends to contract, potentially leading to a decline in stock performance. But what exactly is the relationship between consumer confidence and the DJIA, and how do investors make use...