Business, Finance & Tech
Wall Street Braces for a Drop Amid Economic Uncertainty
Wall Street is poised for a weak opening following a turbulent week of trading, as investors brace for a flurry of economic data and ongoing concerns over market stability.
The Dow, S&P 500, and Nasdaq all posted their third consecutive weekly decline, with the S&P 500 suffering its worst performance in September, falling more than 3%. Market volatility has been fueled by uncertainty over President Trump's tariffs, recession fears, and the potential for a government shutdown on Friday.
Investors will be closely watching economic indicators this week, including reports on job openings, consumer sentiment, and two separate inflation measures. These data points could provide further insight into the health of the economy and the Federal Reserve’s next moves on interest rates.
With continued market fluctuations and policy uncertainties, traders remain on edge as the week unfolds.
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By: NBC Palm Springs
March 10, 2025
