stock market It sank near the lowest level of six months like Fears of slowing economic growth and Fear of how definitions affect expectations The investor’s confidence was shaken.
Last week, S & P 500 (^GspcNearly 2.3 % decreased while Dow Jones fell 3 %, or more than 1300 points. Heavy nasdaq compound in technology (^IOCEIt decreased about 2.4 %. On Thursday, the S&P 500 officially entered a correction, as the analogy index fell by 10 % of the record on February 19.
Next week, the federal reserve and the health of the American economy will remain at the top of the investors. The central bank is expected to maintain a large interest rate when it announces the next monetary policy decision on Wednesday. The markets will focus on any evidence about when the central bank can lower prices again.
The release of retail sales on Monday will highlight the weekly list of scheduled economic data versions. On the corporate front, quarterly results from Nike (slippery), FEDEX (FDX), And micron (Not) After the bell is closely traced on Thursday.
SNP – delay quote • US dollar
Near: March 14 at 4:57:16 pm EST
the The last sale in stocks It coincided with the growing market concerns about slowing economic data, and pushing investors to prices at about three interest rates from the Federal Reserve in 2025.
But with inflation, it is still much higher than the Federal Reserve’s goal by 2 % and possible effects of the Trump administration tariff and other policies that are likely to enhance price increases, which is widely expected to leave interest rates unchanged on Wednesday.
The key to watch will be the latest federal reserve bank Summary of economic expectations (September). This includes “Point plot“Who is planning the expectations of politicians about the place where interest rates can go in the future, in addition to a comment from the Federal Reserve Chairman Jerome Powell during his press conference.
When the Federal Reserve continues It issued a point plot in DecemberThe average average was that the Federal Reserve’s Federation’s rate of 2025 ends in the range of 3.75 % to 4 %, which reflects discounts on the basis of 25 this year, less than the market expectations.
Michael Gaben, a chief US economy in Morgan Stanley, said that with the uncertainty in the financial policy in influencing expectations, the Federal Reserve was expected to “transfer a heavy dose of patience.”
“President Powell is likely to appear optimistic with caution about the economy, but he indicates a cloudy look because uncertainty in politics is high,” Ghaben wrote.
the The worst retail sales report per year It was one of the first data points that started in the market Restore growth forecast for the American economy During the past month.
On Monday morning, investors will take another look at whether the retail sales decreased by 0.9 % in January is the beginning of the slowdown in spending on consumers. Economists expect a recovery in the February numbers, as the consensus of retail sales increases by 0.6 %.
“The tightening of the belt in January has followed a relatively impressive holiday season in November and December, which was higher sales review,” wrote the Wales Vargo team of Economists led by Jay Prison in a memo on Friday. “The withdrawal in January may say more about the strong end of the 2024 holiday shopping season, instead of bending in the consumer spending.”
Looking at the last clouds in stocks amid growth concerns, the strategists noticed this Any signs of better economic growth It can be a catalyst for markets. On the other hand, any other tension can press the shares more.
David Coston, American stock expert in Goldman Sachs, wrote in a note that included a group of them, “The main market risk to move forward At the end of the year, the goal of S&P 500 to 6,200 of 6500.
Dramatic market defeat last month It was his title A large sale in the so -called “wonderful” technical stocks.
Nvidia (Nvda), The alphabet (Googand Googl), Amazon (amzn), Meta (Dead), apple (Aapl), And microsoft (MsftAll of them are about 20 % of their last highest levels in 52 weeks. Meanwhile, Tesla (TimingNearly 50 % of its height decreased during the past year.
However, the stock mixture constitutes about 30 % of the maximum S&P 500 market, and not far from its peak in the middle of 30 % seen in 2024. As the last market procedure showed, its direction remains very important to where it heads the next market.
“In order for the market to rise from here, you need to make a expansion thesis, but you need the contribution of seven Maga to contribute,” Scott Crohnrte, USA, told Yahoo Finance.
Chroonert added that the “structural growth component” is still intact for the regiment that has led S& P 500 profits over the past few years. Brian Bilsky, the chief marketing strategy of BMO CAPITAL Markets, chanted Chroonert about the importance of the group.
“These technical stocks may have advanced a little bit,” Pilsky told Yahoo Finance: “These technical stocks may have advanced a little bit.” “But at the end of the day, these monster companies determine the growth path for the stock market in the United States. They will not disappear.”
Economic data: Retail sales month during the month, Feb (+0.6 % expected, -0.9 % before); Retail sales with the exception of the month of cars and gas during the month, February (+0.5 % expected, -0.5 % before); Retail survival set over a month, February (+0.4 % expected, -0.8 % before); NAHB Housing Index, March (42 expected, 42 before)
Profits: There are no expected noticeable profit versions.
Economic data: Housing begins a month within a month, February (+0.8 % expected, -9.8 % before); Building permits over the month, February (-1.6 % expected, -0.6 % before); Imported price index, February (-0.1 % expected, +0.3 % before)
Profits: Xpeng (Xp))
Economic data: FOMC interest rate decision (unchanged)
Profits: Five below (five), General Mills (Geographical information systems), Signet jewelry (He says), Williams Sonoma (Wsm))
Economic data: Initial unemployment claims, the week ending on March 15 (224.00 expected, 220,000 before); Outlook Philadelphia Business Outlook, March (10.3 expected, 18.1 before); Pioneer Index, February (-0.2 % expected, -0.3 % before), current home sales, February (-3.4 % expected, -4.9 % before)
Profits: Academic sport and open air (Wicked), Darden restaurants (know), FEDEX (FDX), End of the Earth (the), Lynar (flexible), Micron (Not), Nike (slippery))
Friday
Economic data: There are no noticeable economic data versions.
Profits: Carlival Corporation (CCL), Nio (New))
Josh Chevir is a Yahoo financing correspondent. Follow it on x _joshschaffer.
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