Wall Street’s fear gauge just flashed an unusual signal that could carry the S&P 500 to 7,400 within months

Consumers’ views sour on business conditions and personal finances, and inflation expectations soar.

The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.

The war in Iran is prompting states across the country to consider temporarily cutting fuel taxes, a relief measure that could cost them millions of dollars.