Stocks fell in the afternoon session following a drop in consumer confidence to 94.2 in September, attributed to inflation and job market concerns. Federal Reserve Vice Chair warns of a cooling economy with GDP growth slowing to 1.5% in the first half of 2025. Additionally, fears of a U.S. government shutdown loom, adding to market uncertainty. Among impacted stocks, Coastal Financial saw a new all-time high of $118.08 after positive analyst coverage. The stock is up 28.4% year-to-date, trading near its 52-week high. Consider investing in semiconductor stocks benefiting from AI growth.
Read more at StockStory: Ladder Capital, The Bancorp, and Coastal Financial Shares Plummet, What You Need To Know
