Stocks are under pressure following the release of disappointing economic data. Investors are reacting negatively to the news, leading to a broad sell-off in the market.
The data revealed weaker-than-expected growth in several key sectors, raising concerns about the overall health of the economy. Analysts are now reassessing their forecasts for the remainder of the year, with some predicting a slowdown in economic activity.
The negative sentiment is widespread, affecting various industries and market segments. Traders are closely watching for any signs of stabilization, but the near-term outlook remains uncertain.