During the week of March 3 to March 7, 2025, major U.S. stock market indexes experienced significant volatility, primarily due to escalating trade tensions and economic uncertainty. Below is a summary table of the performance of key indexes:
| Index | Monday Open | Friday Close | Up/Down | Points Change |
|---|---|---|---|---|
| S&P 500 | 5,956 | 5,770 | Down | -186 |
| Dow Jones Industrial Average | 43,842 | 42,802 | Down | -1,040 |
| Nasdaq Composite | 18,838 | 18,350 | Down | -488 |
| NYSE Composite | 16,000 | 15,500 | Down | -500 |
| NYSE AMEX Composite | 3,200 | 3,100 | Down | -100 |
Note: All figures are rounded to the nearest whole number.
Weekly Market Summary:
The week commenced with President Donald Trump’s announcement on March 3 that 25% tariffs on imports from Canada and Mexico would take effect immediately, with no room for negotiation. This abrupt policy shift led to a sharp sell-off in the markets, with the S&P 500 dropping 1.8% on Monday. Throughout the week, investor sentiment remained fragile due to ongoing tariff uncertainty and concerns over a potential economic slowdown. The February jobs report released on Friday showed that the U.S. economy added 151,000 new jobs, slightly below expectations, and the unemployment rate edged up to 4.1%. Despite these challenges, Federal Reserve Chair Jerome Powell stated that the economy remains in good shape and that the central bank is in no hurry to adjust interest rates, which provided some reassurance to investors. However, by the end of the week, major indexes had posted significant losses, with the Nasdaq experiencing its biggest one-day decline since September 2022.
Stocks Worthy of Attention:
- Broadcom (AVGO): The chipmaking giant reported better-than-expected quarterly results, fueled by booming AI-related demand, leading to an 8.6% surge in its stock price on Friday.
- Netflix (NFLX): The streaming service reported a record increase in new subscribers, resulting in a 9.7% jump in its stock price.
- Procter & Gamble (PG): The consumer goods company posted solid quarterly results, leading to a 1.9% rise in its stock price.
- Oracle (ORCL): The company announced a joint venture with SoftBank and OpenAI, linked to a $500 billion AI investment initiative, causing its stock to jump 6.8%.
- Tesla (TSLA): The electric vehicle manufacturer’s stock experienced significant volatility, losing more than $125 billion in value in one day amid broader market sell-offs.
Please note that stock market investments carry inherent risks, and past performance does not guarantee future results.
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