empty
20.03.2025 10:30 AM
US stock market on March 20: S&P 500 and Nasdaq regain their footing

US stock indices ended the day with solid gains. The S&P 500 climbed by 1.1% and the Nasdaq 100 closed 1.41% up.

At the moment, S&P 500 futures are up 0.5%. Nasdaq 100 futures have gained 0.7%. Hong Kong's Hang Seng has sunk by 1.5%. The Shanghai Composite dropped by 0.3%. Euro Stoxx 50 futures are trading flat.

This image is no longer relevant

Market optimism fueled by Fed's comments

The Wall Street indices rose after the Federal Reserve signaled that rate cuts are still on the table this year, as any inflationary impact from tariffs is expected to be temporary. The Fed's stance is likely to weaken the US dollar further, but at the same time, its policy shift could halt the bear market that has dominated Wall Street over the past month. As financial conditions ease, funds could begin flowing back into equities, further supporting the stock market rally.

China's market breaks the uptrend

Unlike global markets, China's stock market broke its uptrend, with the CSI 300 index declining for the first time in three days. Technology stocks were among the hardest hit. Meanwhile, Chinese government bonds rallied for a third straight day, following the central bank's increased short-term liquidity injections. The People's Bank of China added a total of 973.2 billion yuan in liquidity via short-term loans, marking the longest streak of injections since late January.

Key corporate news

Tencent Holdings Ltd. shares declined, despite reporting its fastest revenue growth since 2023. The drop came as investors were disappointed by the company's AI investment plans, which were less aggressive than expected. In South Korea, Samsung Electronics Co. shares rose after the company vowed to strengthen its market position in high-bandwidth memory chips, following shareholder criticism. Geely Automobile Holdings Ltd. reported better-than-expected annual profits, as the automaker boosted sales and cut costs to stay competitive in China's challenging auto market.

Powell's comments ease recession fears

Fed Chair Jerome Powell softened his stance on recession risks, helping calm investor sentiment. He stated that he does not strongly believe in an impending recession, reassuring many investors. However, the Fed's downward revision of economic growth forecasts triggered a bond market rally, as traders aligned their expectations with rate cuts later this year. Following the Fed's decision, Donald Trump criticized the central bank, stating that it should immediately cut interest rates, diverging from the Fed's current outlook.

Commodities surge amid market developments

Oil prices climbed after a US government report eased concerns over short-term demand disruptions. Gold hit a new all-time high, reflecting rising uncertainty in global markets. Copper prices surpassed $10,000 per ton, following weeks of market turmoil fueled by Trump's attempts to impose tariffs on the industrial metal.

This image is no longer relevant

Technical outlook for S&P 500

The S&P 500 remains in a downtrend. Today, buyers' main challenge will be breaking through the nearest resistance at 5,715. A breakout above this level could extend the rally toward 5,740. Additionally, holding above 5,766 will be a key priority for bulls, reinforcing buying momentum. If risk appetite weakens, buyers must defend the 5,692 level. A break below could send the index quickly toward 5,645, opening the door for a further decline to 5,617.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

S&P 500 and Nasdaq 100: direct signals from earnings and geopolitics

Tuesday's premarket opens with uncertainty, a state that often precedes a storm rather than calm on Wall Street. The S&P 500 futures are sliding toward 5,420 after a strong Monday

Anna Zotova 11:52 2025-04-15 UTC+2

US stock market on April 15: S&P 500 and NASDAQ slow their gains

At the close of the previous regular session, US stock indices ended in positive territory. The S&P 500 rose by 0.79%, while the Nasdaq 100 gained 0.64%. The Dow Jones

Jakub Novak 11:34 2025-04-15 UTC+2

Markets depend on Trump's actions: calm seems to be fantasy

Global markets have been swept up in a tariff whirlwind, and the eye of the storm is once again in Washington. Trump, with a stroke of his pen, sends indices

Аlena Ivannitskaya 14:28 2025-04-14 UTC+2

US stock market gains ground as Trump postpones tariffs on some items

S&P500 Snapshot of the benchmark US stock indices on Friday: * Dow Jones: +1.6% * NASDAQ: +2.1% * S&P 500: +1.8%, now at 5,268, trading in a range between 4,800

Jozef Kovach 11:18 2025-04-14 UTC+2

Update on US stock market on April 14. SP500 and NASDAQ regain their footing amid tariffs pause on electronics

US major stock indices closed the regular North American session on Friday in the green. The S&P 500 rose by 1.81%, while the Nasdaq 100 gained 2.06%. The industrial

Jakub Novak 10:54 2025-04-14 UTC+2

US stock market on April 11: S&P 500 and Nasdaq plunge

US equity markets ended Thursday's regular session with steep losses. The S&P 500 dropped 3.46%, the Nasdaq 100 fell 4.31%, and the Dow Jones Industrial Average declined 2.50%

Jakub Novak 13:41 2025-04-11 UTC+2

Update on US stock market on April 11. Major pullback after strong rally. Market regains consciousness.

S&P500 Snapshot of the US benchmark stock indices on Thursday: * Dow -2.5%, * NASDAQ -4.3%, * S&P 500 -3.5% The S&P 500 closed at 5,268, within the range

Jozef Kovach 12:00 2025-04-11 UTC+2

Stocks skyrocket after Trump's tariff delay

The US stock market just experienced one of the most powerful waves of optimism in recent years. On Wednesday, following a statement from President Donald Trump, major stock indices posted

Anna Zotova 15:10 2025-04-10 UTC+2

US market rebounds strongly, but Trump's trade war with China remains unresolved

S&P 500 Overview for April 10 US market rebounds strongly, but Trump's trade war with China remains unresolved Major US indices on Wednesday: Dow +8%, NASDAQ +12%, S&P 500 +9.5%

Jozef Kovach 11:45 2025-04-10 UTC+2

Update on US stock market on April 10. SP500 and NASDAQ grow like mad

At the close of yesterday's regular trading session, US stock indices ended with solid gains. The S&P 500 jumped by 9.52%, while the Nasdaq 100 surged by 12.15%. The industrial

Jakub Novak 11:31 2025-04-10 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.