Market Action For Last Week
- S&P 500 ETF (SPY):
- Last Friday's Closing Price (Feb 28, 2025): $597.21
- This Friday's Closing Price (Mar 7, 2025): $575.92
- Point Change: -$21.29
- Percent Change: -3.56%
- Nasdaq-100 ETF (QQQ):
- Last Friday's Closing Price (Feb 28, 2025): $519.87
- This Friday's Closing Price (Mar 7, 2025): $491.79
- Point Change: -$28.08
- Percent Change: -5.40%
- Russell 2000 ETF (IWM):
- Last Friday's Closing Price (Feb 28, 2025): $216.23
- This Friday's Closing Price (Mar 7, 2025): $205.95
- Point Change: -$10.28
- Percent Change: -4.75%
Upcoming Major Economic Reports and Potential Market Moving Events
- Monday, March 10, 2025:
- No major economic reports scheduled.
- Tuesday, March 11, 2025:
- No major economic reports scheduled.
- Wednesday, March 12, 2025:
- Consumer Price Index (CPI) release, a key indicator of inflation.
- Thursday, March 13, 2025:
- No major economic reports scheduled.
- Friday, March 14, 2025:
- No major economic reports scheduled.
Upcoming Major Stock Earnings Reports
- Monday, March 10, 2025:
- Oracle (ORCL): Post Market
- Tuesday, March 11, 2025:
- CrowdStrike (CRWD): Post Market
- Ferguson (FERG): Pre Market
- Viking Therapeutics (VIK): Pre Market
- Casey's General Stores (CASY): Post Market
- Wednesday, March 12, 2025:
- Adobe (ADBE): Post Market
- Crown Castle (CCI): Post Market
- Lennar (LEN): Post Market
- Thursday, March 13, 2025:
- DocuSign (DOCU): Post Market
- Rubrik (RBRK): Post Market
- Friday, March 14, 2025:
- No major earnings reports scheduled.
Market Outlook
For the next 30 days, I am neutral on the market. The recent declines in major indices like the S&P 500, Nasdaq, and Russell 2000 reflect ongoing volatility and investor caution. The upcoming Consumer Price Index release will be crucial in assessing inflation trends, which could influence Federal Reserve policy decisions. While there are opportunities in value stocks and small-cap companies, uncertainties in trade policies and geopolitical tensions may continue to weigh on market sentiment. Investors should remain vigilant and consider diversifying their portfolios to mitigate risks.