US stock futures fell Sunday night, as March’s struggles looked set to continue after Wall Street’s latest week of big losses.
S&P 500 futures (ES=F) dropped 0.5%, while Dow Jones Industrial Average futures (YM=F) fell by around 0.4%. Nasdaq futures (NQ=F) slumped 0.7%.
Markets are coming off a week that saw benchmark S&P 500 (^GSPC) enter into correction territory after suffering a 10% loss from its Feb. 19 high. Meanwhile, the Dow saw its worst weekly performance since March 2023 as all three major indexes lost more than 2%. Investors have been rocked by economic concerns and continuing uncertainty over President Trump’s unpredictable tariff policy.
As of 9:20:02 PM EDT. Market Open.
ES=F YM=F NQ=F
Wall Street will be focused on the Federal Reserve in the coming week, looking to its decision on interest rates and Chair Jerome Powell’s thoughts on the path forward — and on the general health of the US economy. The expectation is that the Fed will hold rates steady, so investors will closely watch the Fed’s latest “dot plot,” which maps out policymakers’ expectations for the rate path going forward.
Meanwhile, February retail sales are set for release Monday, giving a state of play for the American consumer. Economists expect a bounce back from January’s 0.9% drop, looking for a 0.6% rise. The pulse check comes after the University of Michigan’s latest consumer sentiment survey showed a souring of consumer faith in Trump’s economy.
Quarterly earnings results are due this week from Nike (NKE), Getty (GETY), FedEx (FDX) and General Mills (GIS), among others.
In an event that could herald change for the beleaguered AI sector, Monday brings Nvidia’s (NVDA) annual GTC conference, which has the potential to reveal stock-shifting developments in new tech.
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