As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows
- Posted on May 26, 2026
- By Star Tribune
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- 1 min read
As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows
U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices hover near record levels.