The Conference Board's US Consumer Confidence has risen after 3 months of declines, however, some data suggests many Americans are not feeling so positive about the state of the US economy. A Harris Poll from The Guardian shows that 49% of Americans believe the S&P 500 (^GSPC) is down for the year, despite the index actually achieving record numbers in 2024.

Yahoo Finance Senior Columnist Rick Newman joins Wealth! to break down US consumer data and what Americans need to keep in mind about the state of the economy.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino