empty
14.03.2025 11:34 AM
US Market News Digest for March 14

S&P 500 hits support at 5,516, bounces back into bullish correction, providing short-term market support

This image is no longer relevant

Yesterday, the S&P 500 index hit the target level of 5,516 – the same level as June 20, 2024, which is the 23.6% Fibonacci retracement of the entire rally from October 2022. The Marlin Oscillator immediately turned bullish, which is already a positive signal.

The main question now is whether this is a short-term correction or whether the market is finally heading for a free fall. There seems to be no panic as risk-seeking investors are eagerly buying stocks, seeing current prices as a great opportunity to go long (and, of course, the business media is actively fueling this view). The next target for growth is the 5,670 level, and if this resistance is broken, the 5,769 mark (set on January 13th) will be in sight. A triumphant breakout above 5,881-5,910 would signal the start of a new wave of record highs. Follow the link for details.

S&P 500 and Nasdaq still in correction phase, paring recent gains

This image is no longer relevant

The US stock market continues to decline, and yesterday's session was another day of weakness. The Dow Jones fell by 1.3%, the S&P 500 dropped 1.4%, and the Nasdaq plunged 2%, firmly settling in correction territory. Paradoxically, even positive economic reports released on Thursday morning failed to spur buying activity. The February Producer Price Index came in below expectations, while jobless claims remained comfortably low.

In his usual style, President Trump has threatened a 200% tariff on European alcohol in response to the European Union's 50% tariff on American whiskey. Trump decided not to quibble over small tariffs, launching a trade war that could impact not only the import of luxury wines but also global economic growth. Investors reacted negatively to this move, with stocks of some companies immediately dipping into the red. On the other hand, Treasury bonds posted gains, with the 10-year yield falling by 4 basis points. Follow the link for details.

S&P 500 and Nasdaq futures slide, Asian and European indices post modest gains amid trade policy and shutdown worries

This image is no longer relevant

Futures on the S&P 500 and Nasdaq continued their sharp declines. While the US market is nervously eyeing the debt ceiling, which once again threatens to become a reality, Asian stocks are rising. In particular, China's CSI 300 reached its highest level this year. Meanwhile, a classic political drama is unfolding in the United States: Republicans and Democrats are playing a game of "who will surrender first," arguing over the budget and, as always, risking a government shutdown.

Notably, Trump has announced 200% tariffs on European wines, champagne, and spirits in retaliation for the EU's 50% tariff on American whiskey. Aluminum and steel tariffs will remain in place, with Trump confirming that there will be no concessions. Furthermore, the US administration plans to impose new reciprocal tariffs on major trading partners starting April 2. While America is embroiled in trade disputes worldwide, oil prices have risen due to the new sanctions, and Bitcoin has quickly recovered from yesterday's drop – possibly because traders have decided that crypto may be safer than US stocks at the moment. Follow the link for details.

Andreeva Natalya,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Gold hits record high at nearly $3,000 an ounce. Why are investors dumping stocks en masse?

Wall Street indexes down 1%, S&P 500 confirms correction Trump's tariff changes affect sentiment Gold hits all-time high at $2,993.80 an ounce The US dollar fell against

Thomas Frank 09:40 2025-03-14 UTC+2

Clash of corporate giants: Intel stock soars, PepsiCo loses ground

Intel shares jumped following news that TSMC has extended a joint venture to American chip manufacturers. PepsiCo, on the other hand, fell due to a brokerage downgrade. The latest

10:42 2025-03-13 UTC+2

US Market News Digest for March 13

Intel shares saw an uptick following news of a proposal by TSMC to support US chip manufacturers. This development bolstered investor confidence in the semiconductor sector. Meanwhile, PepsiCo shares came

Ekaterina Kiseleva 10:09 2025-03-13 UTC+2

Intel Stocks Soar, PepsiCo Loses Support: Who Will Win the Race?

Intel Jumps After TSMC Unveils JV with U.S. Chipmakers PepsiCo Slips After Broker Downgrade CPI Shows February Inflation Slowed More Than Expected Indices: Dow Down 0.20%, S&P 500 Up 0.49%

Thomas Frank 05:43 2025-03-13 UTC+2

US Market News Digest for March 12

The S&P 500 is trading lower, but it could reverse upward: oscillators signal a turnaround Trade wars escalate: Trump imposes new tariffs, markets respond with losses. The S&P

Irina Maksimova 10:48 2025-03-12 UTC+2

Business vs. Trump: Companies Lose Billions Due to Tariff Policy

The Number of Vacancies in the US Increased to 7.74 Million in January Kohl's Falls Due to Dismal Annual Sales Forecast Airlines Put Pressure on Dow Transports Trump Maintains Tariff

Thomas Frank 10:42 2025-03-12 UTC+2

US Market News Digest for March 11

After a sharp sell-off on Wall Street that sent the Nasdaq 100 into its deepest plunge since 2022, markets are beginning to recover. Futures on the S&P 500 rose

Natalia Andreeva 11:07 2025-03-11 UTC+2

Tesla Loses $125 Billion, Nasdaq Falls 4% as Economic Uncertainty Rises

Crypto Stocks Fall on Low Bitcoin Prices HSBC Downgrades US Stocks S&P 500 Closes Below 200-Day Moving Average Nasdaq Suffering Biggest One-Day Drop Since September 2022 Delta Air Lines Cuts

Thomas Frank 10:34 2025-03-11 UTC+2

US Market News Digest for March 10

US stock futures fell as investors turned to safe-haven assets amid growing concerns over a slowing US economy and trade risks. The Japanese yen strengthened by 0.6%, reaching 147.245

Irina Maksimova 11:37 2025-03-10 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.