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 According to BlockBeats , the U.S. stock  market continued its downward trend on August 29, with the Nasdaq falling by 1.00%. Joanne Hsu , director of the University of Michigan's consumer survey , noted that the final U.S. consumer confidence index matched the preliminary figure, showing a decline of about 6% from July. Although the current index is approximately 11% higher than in April and May, it remains at least 10% lower than six and twelve months ago. This month's decline is widespread across various age, income, and stock wealth groups, with a general deterioration in public perception of the economy. Concerns over high prices have intensified, leading to the lowest durable goods purchasing conditions in a year and a 7% drop in current personal financial conditions. Expectations for business conditions and the labor market also contracted in August. However, despite being relatively low compared to a year ago, personal financial expectations remained stable this...

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