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Updated Mon, Mar 17, 2025, 12:22 AM 2 min read
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US banal futures fell connected Monday, signaling March's marketplace struggles are acceptable to proceed successful a week highlighted by the Federal Reserve argumentation meeting.
S&P 500 futures (ES=F) dropped 0.6%, portion Dow Jones Industrial Average futures (YM=F) fell astir 0.6%. Contracts connected the tech-heavy Nasdaq 100 (NQ=F) slid 0.7%.
Markets are coming disconnected a week that saw the benchmark S&P 500 (^GSPC) participate into correction territory aft suffering a 10% nonaccomplishment from its Feb. 19 high. Meanwhile, the Dow saw its worst play show since March 2023 arsenic each 3 large indexes mislaid much than 2%. Investors person been rocked by economical concerns and continuing uncertainty implicit President Trump's unpredictable tariff policy.
CME - Delayed Quote USD
As of 5:21:32 AM EDT. Market Open.
ES=F YM=F NQ=F
Wall Street volition beryllium focused connected the Federal Reserve successful the coming week, looking to its determination connected involvement rates and Chair Jerome Powell's thoughts connected the way guardant — and connected the wide wellness of the US economy. The anticipation is that the Fed volition clasp rates steady, truthful investors volition intimately ticker the Fed's latest "dot plot," which maps retired policymakers' expectations for the complaint way going forward.
Meanwhile, February retail income are acceptable for merchandise connected Monday, giving a authorities of play for the American consumer. Economists expect a bounce backmost from January's 0.9% drop, looking for a 0.6% rise. The pulse cheque comes aft the University of Michigan's latest user sentiment survey showed a souring of user religion successful Trump's economy.
Quarterly net results are owed this week from Nike (NKE), Getty (GETY), FedEx (FDX) and General Mills (GIS), among others.
In an lawsuit that could herald alteration for the beleaguered AI sector, Monday brings Nvidia's (NVDA) yearly GTC conference, which has the imaginable to uncover stock-shifting developments successful caller tech.
LIVE 1 update
Oil rises connected China plans to summation consumption
Oil prices person risen for a 2nd consecutive time aft China revealed plans to summation lipid consumption.
Bloomberg reports:
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