The Nasdaq fell by 1.5%, and the US November University of Michigan Consumer Confidence hit a new low of over three years.

The decline in US stocks widened. As of now, the Dow Jones Industrial Average fell 0.43%, the S&P 500 Index fell 0.87%, and the Nasdaq Composite Index fell 1.53%. In terms of news, the University of Michigan Consumer Confidence in November hit a three-year low.