WeTrust USD Price & Performance (TRSTUSD)

The U.S. stock market is under pressure as the University of Michigan's Consumer Sentiment Index dropped 10% in January, marking the lowest level since 2021. Retail sales have also fallen significantly, adding to economic uncertainty. Analysts suggest these developments could signal the need for a market correction in the positive trend.12

Investors are closely watching Nvidia's upcoming earnings report, which could impact market sentiment. The semiconductor giant has faced a 5.8% decline in weekly performance, but analysts predict a potential rebound. Nvidia's guidance on AI infrastructure spending and product timelines will be pivotal for its stock trajectory.23

Escalating trade tensions, including new tariffs on imports from Canada, Mexico, and the EU, have heightened market volatility. Disappointing economic indicators, such as a 4.9% drop in existing home sales and rising inflation metrics, further dampen investor confidence. These factors contribute to a bearish outlook for risk assets.43