Market volatility driven by trade policy and inflation concerns, with Dow Jones set for weekly win.

From NASDAQ.: 2025-03-21 14:05:00

Trade policy and inflation concerns dominated the market over the last five volatile days. The market bounced on Wednesday after the central bank forecasted two rate cuts this year. However, uncertainty quickly returned, causing the Nasdaq and S&P 500 to slide. Meanwhile, the Dow Jones is set for its first weekly win in three weeks.

In analyst notes this week, Norwegian Cruise Line, Netflix, Duolingo, and Ralph Lauren were upgraded. Goldman Sachs and Rivian Automotive were downgraded, while Nike’s disappointing forecast led to several price-target cuts.

Pharma stock Incyte plummeted after disappointing trial data, while Gilead Sciences fell on news of potential HIV funding cuts. Peabody Energy rose after Trump backed “clean coal,” but Cleveland-Cliffs dropped after announcing facility closures. FedEx hit 52-week lows after cutting profit outlook, while Signet Jewelers and Temu Parent rose after earnings reports.

Looking ahead, investors can expect a flood of economic data in the last full week of March. Additionally, Schaeffer’s Senior Quantitative Analyst Rocky White signaled a contrarian “buy,” and Schaeffer’s V.P. of Research Todd Salamone highlighted key S&P 500 levels to watch.



Read more at NASDAQ.: Wall Street Closes Volatile Week Full of Uncertainty