Sports and Competition Sports and Competition

S&P 500 Gains and Losses Today: Accenture, Gartner Stocks Pressured by Government Spending Cuts


Published on 2025-03-20 17:40:48 - Investopedia
  Print publication without navigation

  • The S&P 500 slipped 0.2% on Thursday, March 20, 2025, reversing a portion of the previous day's uptick as investors further digested the Fed's latest rate announcement.

The article from MSN Money discusses the impact of potential government spending cuts on the S&P 500, particularly affecting companies like Accenture and Gartner. Accenture, a global professional services company, and Gartner, known for its research and advisory services, are experiencing pressure due to anticipated reductions in government contracts. This situation arises as part of broader fiscal policy adjustments aimed at reducing budget deficits, which could lead to decreased revenue for firms heavily reliant on government business. The article highlights how these spending cuts might influence stock performance, with both companies seeing declines in their stock prices as investors react to the news. Additionally, the piece provides insights into how such economic policies can ripple through the market, affecting not just the directly involved companies but also the broader market sentiment.

Read the Full Investopedia Article at:
[ https://www.msn.com/en-us/money/markets/s-p-500-gains-and-losses-today-accenture-gartner-stocks-pressured-by-government-spending-cuts/ar-AA1Bl5xG ]