Recession fears cause stocks of Starbucks, Chipotle, and McDonald's to plummet

From CNBC: 2025-04-07 13:57:00

Restaurant stocks plummeted as fears of a recession loomed following President Trump’s high tariffs on key trading partners. Analysts predict inflation could pressure consumer spending and lead to an economic downturn. Starbucks, along with casual dining and fast-food chains, saw stock declines. Trade tensions could further impact Starbucks’ international sales. Fast-food chains historically fare better during recessions, but last year’s consumer spending decline hit them hard. Few restaurants stocks saw gains, with Dutch Bros and Cava rising.



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