The University of Michigan's Index of Consumer Sentiment fell to 48 in October 2026, down 0.2% from September, 10.4% below a year earlier, and 15% lower than in February, just before the Iran conflict. The Current Economic Conditions Index dropped to 46.7 from 50.9, with buying conditions for durables plunging 18% amid higher interest rates and affordability concerns. About 69% of consumers expect interest rates to rise over the next year, the highest since April 2023. Year-ahead inflation expectations edged up to 4.7% from 4.6%, while long-run expectations rose to 3.5% from 3.4%, both at their highest since May.
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Original headline: U . S . consumer sentiment falls , inflation expectations fly high
Read the original on en.people.cn ↗
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consumer sentimentinflationinterest ratesUS
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Related tickers and likely impact
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 759.85 |
| Change that session | -0.54% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 704.39 |
| Change that session | -0.01% |
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 101.74 |
| Change that session | +0.11% |
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Related news
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- Big earnings reports, homebuilding and the mood of consumers up front next week
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