Stock market saw significant downturn with major indexes dropping, Oracle posts earnings miss.

From Nasdaq: 2025-03-10 18:13:00

Today’s market saw a significant downturn, with the Dow losing 890 points, the S&P 500 dropping 155 points, the Nasdaq falling 727 points, and the Russell 2000 decreasing by 50 points. Volatility is on the rise, with the VIX hitting its highest level since August. U.S. stocks are oversold, while European and Asian markets are showing growth.

In other news, Oracle posted its 3rd earnings miss in 4 quarters, reporting a lower-than-expected bottom line of $1.47 per share on $14.1 billion in revenues. Cloud Infrastructure was up 49%, and founder Larry Ellison expects Data Center space to double in 2025. Shares are up 1.5% in after-hours trading.

Looking ahead, market indexes may have pulled back enough, with small-business optimism expected to decline further. CPI and PPI data will provide insights into the economy’s health, with positive surprises potentially boosting market confidence. Stay tuned for NFIB Index, JOLTS data, and more updates on how the stock market will perform on Tuesday.



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