Wall Street Rebounds: U.S. Indices Post Strong Gains Amid Fed Decision Anticipation

News
Monday, March 17, 2025 - 20:38
Point Trader Group

The U.S. markets experienced a notable rise on Monday, with major indices posting positive gains.

Dow Jones Industrial Average: Increased by 0.85%, or 353 points, reaching 41,841 points.

S&P 500 Index: Rose by approximately 0.65%, or 36 points, closing at 5,675 points, marking its second consecutive gain after a previous 10% decline.

Nasdaq Composite Index: Advanced by 0.3%, or 54 points, ending at 17,808 points.

Russell 2000 Index: Tracking smaller companies, it climbed 1.2% to 2,068 points.

Despite these gains, major indices remain down for the year, with the S&P 500 declining by 3.5%, Dow Jones by 1.7%, Nasdaq by 7.8%, and Russell 2000 by 7.3%.

Key Factors Influencing the Market:

Economic Data: U.S. retail sales showed greater-than-expected weakness, impacting inflation expectations.

Monetary Policy: Investors are anticipating the Federal Reserve's interest rate decision, expected on Wednesday.

Geopolitical Tensions: Concerns persist regarding President Donald Trump's trade policies and their potential impact on the global economy.


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