Stock market today: Dow, S&P 500, Nasdaq futures fall following S&P’s worst week since September
Posted on
March 10, 2025 By George
US stock futures fell solidly Sunday evening as investors took the weekend to process the February jobs report and prepared for a busy week of economic data, headlined by a report on inflation amid concerns over its resurgence under President Trump’s unpredictable trade policy.
Dow Jones Industrial Average futures (YM=F) saw a 0.5% slip. Futures attached to the benchmark S&P 500 (ES=F) dropped 0.7% after the index posted its worst week since September, while futures tied to the Nasdaq (NQ=F) saw a 1% dip. All three major indexes looked set to build on losses of more than 2% last week.
March’s market struggles continue to be fueled by trade war concerns, as ongoing tariff negotiations between the US, Mexico, and Canada dominate the headlines. In a Sunday interview on Fox News, President Donald Trump addressed concerns about a potential recession, describing the economy as undergoing “a period of transition.”
Meanwhile, Mark Carney is set to become Canada’s new prime minister in the middle of a tough economic situation for his country amid Trump’s persistent tariff threats.
The political uncertainty is expected to persist into this week, with key economic data adding to the mix of potential market-moving factors. The Fed’s survey of consumer inflation expectations is set for release Monday, followed by the University of Michigan’s consumer sentiment report on Friday.
Meanwhile, updates on the inflationary picture will be in focus, with the February Consumer Price Index scheduled for release on Wednesday and the Producer Price Index set to follow on Thursday.
Earnings continue to come, although this week does see a quieter set of corporate releases. Oracle (ORCL) and BioNTech (BNTX) report Monday, and Adobe (ADBE) is set to report Wednesday.