{"id":24627,"date":"2025-03-03T15:07:57","date_gmt":"2025-03-03T21:07:57","guid":{"rendered":"https:\/\/www.eoption.com\/market-review-march-03-2025\/"},"modified":"2025-03-03T15:07:57","modified_gmt":"2025-03-03T21:07:57","slug":"market-review-march-03-2025","status":"publish","type":"post","link":"https:\/\/www.eoption.com\/market-review-march-03-2025\/","title":{"rendered":"Market Review: March 03, 2025"},"content":{"rendered":"\n
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Closing Recap<\/span><\/b><\/p>\n

Monday, March 03, 2025<\/span><\/b><\/p>\n\n\n\n\n\n\n\n
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Index<\/span><\/p>\n<\/td>\n

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Up\/Down<\/span><\/p>\n<\/td>\n

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%<\/span><\/p>\n<\/td>\n

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Last<\/span><\/p>\n<\/td>\n<\/tr>\n

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DJ Industrials<\/span><\/b><\/p>\n<\/td>\n

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-649.67<\/span><\/p>\n<\/td>\n

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1.48%<\/span><\/p>\n<\/td>\n

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43,191<\/span><\/p>\n<\/td>\n<\/tr>\n

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S&P 500<\/span><\/b><\/p>\n<\/td>\n

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-104.78<\/span><\/p>\n<\/td>\n

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1.76%<\/span><\/p>\n<\/td>\n

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5,849<\/span><\/p>\n<\/td>\n<\/tr>\n

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Nasdaq<\/span><\/b><\/p>\n<\/td>\n

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-497.09<\/span><\/p>\n<\/td>\n

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2.64%<\/span><\/p>\n<\/td>\n

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18,350<\/span><\/p>\n<\/td>\n<\/tr>\n

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Russell 2000<\/span><\/b><\/p>\n<\/td>\n

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-60.84<\/span><\/p>\n<\/td>\n

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2.81%<\/span><\/p>\n<\/td>\n

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2,102<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Another day of broad market weakness as stocks stumble to start the new month! US<\/span> stock markets failed to rally after February weakness\/late Friday’s bounce, sliding on the open and never recovered following another round of disappointing economic data (ISM<\/span>\/revised GDP), technical and momentum selling pressure. The market declines accelerated midday in another “sell the rip” moment following a rough February. Inflation\/tariff impact\/slowing growth fears have spooked investors in recent weeks, sending the S&P 500 index down as much as -5% from its recent all-time highs on Friday. Today’s early rally was stopped in its tracks after another economic data point pointed to slowing growth in the U.S., putting downward pressure on markets. The February ISM<\/span> Manufacturing report showed weakening orders and rising prices paid (inflationary), denting early market optimism. The pullback accelerated following another revision to the Atlanta GDP Now model forecast, as the Atlanta Fed GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in Q1 fell to (-2.8%) on March 3, a further decline from the down (-1.5%) this past Friday (after having been revised lower on Friday from +2.3% prior). The latest update comes after today’s ISM<\/span> Manufacturing data as the nowcast of Q1 real personal consumption expenditures growth and real private fixed investment growth fell from 1.3% and 3.5%, respectively, to 0.0% and 0.1%.<\/p>\n

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No fears in Europe, where several index touching all-time highs despite uncertainty with Ukraine\/Russia\/US<\/span> as Europe’s Stoxx 600 up 1.12%, closes at record high, Britain’s FTSE<\/span> 100 up 0.73%, closes at record high, Germany’s DAX<\/span> up 2.61%, closes at record high in biggest daily jump since Nov 2022, and France’s CAC<\/span> 40 up 1.23%, and Spain’s IBEX<\/span> up 0.31%. Related to Ukraine\/US<\/span>, President Trump today replied on Truth Social, slamming Zelenskyy for his recent statement for saying end to Ukraine war ‘very, very far away’. “This is the worst statement that could have been made by Zelenskyy, and America will not put up with it for much longer,” Trump said. Related to tariffs, Commerce Secretary Lutnick said Mexico\/Canada have done a reasonable job on the border but notes there will be tariffs on Mexico\/Canada on Tuesday as President trump later confirmed the tariffs and reciprocal tariffs starting April 2nd<\/sup>. Trump last week threatened China with an extra 10% duty, set to take effect on Tuesday, resulting in a cumulative 20% tariff. Stocks fell all afternoon, taking out the Friday lows heading into a handful of key earnings and key jobs data this week, as the VIX hit 12\/20 highs 23.40. <\/p>\n

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Economic Data<\/p>\n