From Nasdaq: 2025-03-21 13:28:00

1. Stock indexes, including the S&P 500, Dow Jones, and Nasdaq, are down today due to weaker corporate earnings reports. FedEx, Micron Technology, and Nike are among the companies showing significant losses. Concerns over global economic outlook are heightened ahead of potential tariffs by President Trump.
2. New York Fed President Williams supports the Fed’s current policy stance, while Chicago Fed President Goolsbee advocates for a steady approach. Market volatility may rise due to the expiration of options contracts. Geopolitical tensions in the Middle East, including airstrikes in Gaza and Yemen, also impact the market.
3. US tariffs on Canadian, Mexican, and Chinese goods have contributed to market fears over economic growth. The likelihood of a rate cut after the May FOMC meeting is at 21%. Overseas markets are lower, with European bond yields mixed. Interest rates on 10-year T-notes are up slightly.
4. European economic indicators show a decline in consumer confidence. Swaps predict a rate cut by the ECB in April. Stock movers like FedEx, Nike, and Micron Technology are experiencing significant losses. Travel and homebuilder stocks are down, while Alnylam Pharmaceuticals and Super Micro Computer are up.
5. Tesla, Hershey Co, and Boeing are among the gainers today. Defensive food and beverage producers show strength amidst market weakness. Earnings reports for companies like Carnival Corp and Lockheed Martin are also being closely watched. The market remains volatile with various factors influencing stock movements.

Read more at Nasdaq: Stocks Fall on Disappointing Corporate Earnings and Economic Worries