Merchants work on the ground of the New York Inventory Alternate (NYSE) on March 07, 2025 in New York Metropolis.
Spencer Platt | Getty Photographs Information | Getty Photographs
Inventory futures moved decrease on Sunday night forward of a packed week of financial knowledge, with traders smarting from losses in early March.
Futures for the S&P 500 fell 0.8%, whereas Nasdaq 100 futures dropped almost 1%. Futures tied to the Dow Jones Industrial Common slipped 268 factors, or 0.6%.
Final week, the S&P 500 fell 3.10% for its worst weekly mark since September. The Dow fell 2.37%, whereas the Nasdaq Composite shed 3.45%.
The struggles got here because the market was whipsawed by developments out of Washington, D.C., with negotiations on tariffs between the U.S., Mexico and Canada enjoying out all through the week.
In an interview that aired Sunday, President Donald Trump responded to a query on Fox Information about the potential for a recession by saying the economic system was going by means of “a interval of transition.”
The political turbulence may proceed this week, with a heavy dose of financial knowledge including to the checklist of potential market-moving occasions.
The New York Fed survey of shopper expectations is due out on Monday, and it’ll pair with the College of Michigan shopper sentiment studying on Friday.
On the inflation entrance, the February shopper worth index launch is slated for Wednesday, adopted by the producer worth index on Thursday.
“Inflation knowledge will dominate the financial calendar this week. The entire and core Shopper Worth Indexes (CPI) seemingly rose at a extra average tempo in February after sharp will increase within the prior month, leading to annual will increase holding roughly regular,” Comerica Financial institution chief economist Invoice Adams stated in an announcement. “Pushed larger by tariffs and tariff threats, producer costs most likely rose sooner than shopper costs for a second month working, maintaining annual PPI elevated.”
