Top.Mail.Ru
empty
12.03.2025 12:36 PM
US market experiencing strong correction

This image is no longer relevant

S&P 500

Overview for March 12

The US market is experiencing a strong correction.

US major indices on Tuesday: the Dow -1.1%, the NASDAQ -0.2%, the S&P 500 -0.8%, the S&P 500: 5,572, trading range: 5,400 - 6,000.

The stock market once again recorded losses. The market remains in a steady downward trend as tensions from Trump's trade wars intensify and growth concerns rise.

This became evident today after President Trump announced that the US would impose a 50% tariff on Canadian steel and aluminum imports starting Wednesday, instead of the initially announced 25%. The escalation followed Ontario's countermeasure, which imposed a 25% tariff on electricity exports to the US in response to the originally planned 25% tariff on Canadian imports. Investors were also hit with warnings on corporate earnings from several airlines and retail companies.

Late in the day, however, reports surfaced suggesting that Trump might reconsider and not impose the 50% tariffs on Canada.

Delta Airlines (DAL 46.68, -3.65, -7.3%), American Airlines (AAL 11.46, -1.04, -8.3%), and Southwest Airlines (LUV 30.53, +2.35, +8.3%) lowered their first-quarter revenue forecasts, also citing the negative impact of Trump's trade wars.

Dick's Sporting Goods (DKS 198.97, -12.05, -5.7%) and Kohl's (KSS 9.15, -2.90, -24.1%) disappointed with full-year forecasts after reporting their quarterly results.

The CBOE Volatility Index (VIX) surged above 29.5, indicating the potential for further market declines.

However, not all was bleak in the stock market.

The Nasdaq Composite traded above its previous close, hitting its daily high, supported by a rebound in some large-cap companies. Tesla (TSLA 230.58, +8.43, +3.8%) and NVIDIA (NVDA 108.76, +1.78, +1.7%) stood out as notable gainers.

Economic data review:

February NFIB Small Business Optimism: 100.7; Previous: 102.8

January JOLTS Job Openings: 7.740 million; the previous figure was revised from 7.600 million to 7.508 million.

Wednesday's macroeconomic calendar includes:

7:00 ET: MBA Weekly Mortgage Index (Previous: 20.4%)

8:30 ET: February CPI (Consensus: 0.3%; Previous: 0.5%) and Core CPI (Consensus: 0.3%; Previous: 0.4%)

10:30 ET: Weekly Crude Oil Inventories (Previous: -2.33 million)

14:00 ET: February Treasury Budget (Previous: -$129.0 billion)

Energy:

Brent crude oil: $69.90 - Oil did not fall amid the US market's slide. Likely, the levels of $65-$68 will act as strong support in the medium term.

Conclusion:

The decline in the US market has shown signs of slowing down, and a significant rebound is now possible. Today's key inflation report will be crucial in determining the next market move, so it is essential to assess the market's reaction. It is advisable to hold long positions from support levels. If funds are available, consider cautious buying opportunities.

Summary
Urgency
Analytic
Mihail Makarov
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

El desenlace del verano. ¿Podrá el S&P 500 romper los 6500 o comenzará la tan esperada corrección?

Los índices estadounidenses continúan haciendo historia: en el premercado del martes, el S&P 500 ya se cotiza en 6400, y el Nasdaq 100 supera los 23470. Uno pensaría, ¿a dónde

Anna Zotova 12:46 2025-07-29 UTC+2

Mercado bursátil el 29 de julio: SP500 y NASDAQ mostraron una corrección

Al cierre del pasado viernes, los índices bursátiles estadounidenses registraron resultados mixtos. El S&P 500 subió un 0,02%, mientras que el Nasdaq 100 ganó un 0,33%. El índice industrial

Jakub Novak 12:45 2025-07-29 UTC+2

Mercado bursátil el 28 de julio: SP500 y NASDAQ renovaron máximos históricos

Al cierre del pasado viernes, los índices bursátiles estadounidenses terminaron con subidas. El S&P 500 subió un 0,40%, y el Nasdaq 100 ganó un 0,20%. El índice industrial Dow Jones

Jakub Novak 12:00 2025-07-28 UTC+2

Mercado bursátil el 17 de julio: el SP500 y el NASDAQ se alegraron por los rumores sobre Powell

Al cierre de la jornada de ayer, los índices bursátiles estadounidenses cerraron al alza. El S&P 500 subió un 0,32 % y el Nasdaq 100 ganó un 0,25 %

Jakub Novak 10:11 2025-07-17 UTC+2

Mercado estadounidense: Estancamiento bajo el nivel de 6300 del S&P500

S&P500 Análisis 17.07 Mercado estadounidense: Estancamiento bajo 6300 del S&P500 Principales índices de EE. UU. el miércoles: Dow +0.5% NASDAQ +0.3% S&P500 +0.3% S&P500 6263 rango 5900 - 6400

Jozef Kovach 09:54 2025-07-17 UTC+2

Mercado bursátil el 16 de julio: el SP500 y el NASDAQ cayeron rápidamente ante los nuevos aranceles de Trump

Al cierre de la jornada de ayer, los índices bursátiles estadounidenses cerraron con resultados dispares. El S&P 500 cayó un 0,40 %, mientras que el Nasdaq 100 subió un 0,19

Jakub Novak 11:50 2025-07-16 UTC+2

Nuevos aranceles de Trump, el rally de el Bitcoin y grandes acuerdos en IA: señales que no se pueden ignorar

Los mercados mundiales vuelven a estar agitados. Donald Trump anunció la imposición de aranceles del 30% a las importaciones desde la UE y México, lo que provocó un fuerte retroceso

Аlena Ivannitskaya 12:08 2025-07-14 UTC+2

Mercado bursátil para el 10 de julio: el S&P 500 y el NASDAQ continúan la tendencia alcista

Al cierre del día de ayer, los índices bursátiles estadounidenses terminaron con ganancias. El S&P 500 subió un 0,61%, y el Nasdaq 100 aumentó un 0,94%. El índice industrial

Jakub Novak 09:13 2025-07-10 UTC+2

Mercado bursátil el 9 de julio: el SP500 y el NASDAQ enfrentan dificultades para crecer

Al cierre del día de ayer, los índices bursátiles estadounidenses terminaron con resultados mixtos. El S&P 500 perdió un 0,07%, mientras que el Nasdaq 100 subió un 0,03%

Jakub Novak 08:07 2025-07-09 UTC+2

Mercado bursátil el 8 de julio: el SP500 y el NASDAQ continuaron cayendo

Como resultado del día de ayer, los índices bursátiles estadounidenses cerraron en caída. El S&P 500 perdió un 0,79%, mientras que el Nasdaq 100 descendió un 0,92%. El industrial

Jakub Novak 11:44 2025-07-08 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el 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.