U.S. Stocks Fall Sharply as Consumer Sentiment Sours in March

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  US Stocks sell off after consumer sentiment sours in March.

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  But will consumer behavior change?

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  Plus core weave stock market debut turns into a high profile stumble for both the AI industry and new public listings.

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  And President Trump is following through on his pledge of sweeping deregulation.

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  Deregulation takes a while to work its way into the system,

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  so you're not going to really see a benefit to companies from deregulation for a while.

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  Whereas tariffs, inflation, interest rates, it's immediate.

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  It's right now.

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  And that's what investors reacted to.

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  It's Friday, March 28th.

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  I'm Alex Osila for the Wall Street Journal.

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  This is the PM edition of what's News,

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  the top headlines and business stories that move the world today.

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  US Stocks sold off today after reports of lower consumer sentiment,

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  hotter than expected inflation,

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  and anticipation of Trump's announcement of further tariffs next week.

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  Major US Indexes ended the day lower.

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  The Dow fell more than 700 points, or about 1.7%.

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  The S&P 500 dropped about 2% down for the week.

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  For the fifth time in the last six weeks, the NASDAQ tumbled 2.7%.

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