From Financial Modeling Prep: 2025-03-02 05:04:00

Market Overview: S&P 500, Nasdaq, and Dow surged on Friday, with S&P 500 closing 1.5% higher. Key index gains include Nasdaq Composite at +1.6% and Dow Jones Industrial Average at +1.4% (+600 points). Investors can track historical performance and valuation trends using the Sector Historical Overview API.

Geopolitical Tensions: Trump criticized Ukraine’s President Zelenskyy for lack of gratitude, suggesting a rare earth minerals deal to strengthen Ukraine’s negotiating position. Zelenskyy thanked the U.S. for support. Despite concerns, equity markets rebounded, showing investor confidence in economic resilience.

PCE Inflation Data: The PCE price index showed steady month-over-month inflation, slowing annualized inflation, and unexpected consumer spending decline. Traders can use the Sector P/E Ratio API to analyze how inflation impacts valuation across industries.

Market Outlook: Uncertainty surrounds rate cuts as the Fed balances inflation risks with consumer demand. Geopolitical developments in Ukraine-U.S. relations may influence markets. Investors will focus on corporate earnings for economic guidance. Strong corporate fundamentals and easing inflation could support continued equity gains despite short-term volatility.



Read more at Financial Modeling Prep:: S&P 500 Rallies Despite Trump-Zelenskyy Tensions; …