empty
11.03.2025 01:14 PM
Black Monday on Wall Street. US stocks lose $4 trillion in market capitalization

This image is no longer relevant

S&P500

Market review on March 11

US stock market suffers a crash. $4 trillion lost, but game not over yet

Performance of benchmark stock indices on Monday:

  • Dow: -2.1%
  • NASDAQ: -4%
  • S&P 500: -2.7%
  • S&P 500 trading at 5,614 (range: 5,400 – 6,000)

The stock market opened the new week with a sharp plunge following Friday's rebound. Technical factors played a key role, as the Nasdaq Composite (-4.0%) moved deeper into correction territory (10% below its peak), and the S&P 500 (-2.7%) once again fell below its 200-day moving average (5,734). This marks the first time the index closed below this critical level since November 2023, now sitting 8.7% below its all-time high.

Another major driver of the sell-off was ongoing concerns about economic growth after President Trump stated in a weekend interview that the economy is in a "transitional period", while refusing to directly address whether the national economy could enter a recession.

The sell-off in mega-cap stocks also contributed to overall heavy losses. Tesla (TSLA 222.15, -40.52, -15.4%) plunged 15% after Bloomberg reported that its sales struggles in China, while UBS cut its price target on the stock from $259 to $225. Tesla has now lost 53.7% from its record closing price of $479 on December 17.

NVIDIA (NVDA 106.98, -5.71, -5.1%), Microsoft (MSFT 380.16, -13.15, -3.3%), and Apple (AAPL 227.48, -11.59, -4.9%) were also among the biggest losers among high-tech giants. The disappointing price action itself became an additional catalyst for further selling, triggering more bearish momentum across the market.

Nine out of 11 S&P 500 sectors closed lower, while the equal-weighted S&P 500 dropped 1.4%. However, a few individual stocks managed to avoid the selling pressure due to specific catalysts. Redfin (RDFN 9.77, +3.95, +67.9%) surged after news broke that Rocket Companies (RKT 13.35, -2.42, -15.4%) is acquiring RDFN for $12.50 per share in a stock-swap deal. Expand Energy (EXE 99.09, +3.06, +3.2%) also outperformed after it was announced on late Friday that the company would replace FMC Corp. (FMC 41.58, +0.29, +0.7%) in the S&P 500, effective before the market opens on Monday, March 24.

Treasuries rally amid stock sell-off

US Treasuries saw strong demand as a safe haven against the market collapse, reflecting growing economic concerns.

The bond rally pushed the 2-year yield to its lowest close since early October, while the 10-year yield dropped back below its 200-day moving average (4.234%).

The economic calendar for the US was empty on Monday.

Year-to-date market performance:

  • 10-year Treasury yield fell by 10 basis points to 4.21%.
  • 2-year Treasury yield also dropped by 10 basis points to 3.90%.
  • Dow Jones Industrial Average: -1.5%
  • S&P 500: -4.5%
  • S&P Midcap 400: -6.4%
  • Nasdaq Composite: -9.5%
  • Russell 2000: -9.5%

Looking ahead to Tuesday, traders await the following US economic data:

  • 6:00 AM ET: NFIB Small Business Optimism Index (February) (Previous: 102.8)
  • 10:00 AM ET: JOLTS Job Openings (January) (Previous: 7.6M)

Energy market update

Brent Crude is trading at $69.40 per barrel. Oil prices remain under selling pressure due to the sharp US market crash and economic concerns. However, interestingly, despite the market turmoil, oil held steady and did not experience a significant drop, finding strong support at $69.

Conclusion

What we are witnessing in the US stock market appears to be a strong correction, but nothing more for now. The US economy remains resilient – the ISM Services Index for February came in above expectations, which is critical as services account for 65% of the US economy. Meanwhile, unemployment remains low.

I believe a strong market rebound will follow with a target for the S&P 500 at 6,000. Holding long positions near key support levels remains a reasonable strategy.

American markets
Summary
Buy
Urgency
1 month
Analytic
Mihail Makarov
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Mercado bursátil el 8 de julio: el SP500 y el NASDAQ continuaron cayendo

Como resultado del día de ayer, los índices bursátiles estadounidenses cerraron en caída. El S&P 500 perdió un 0,79%, mientras que el Nasdaq 100 descendió un 0,92%. El industrial

Jakub Novak 11:44 2025-07-08 UTC+2

Mercado bursátil el 7 de julio: SP500 y NASDAQ bajaron

El pasado viernes fue día festivo en EE. UU., por lo que no hubo negociaciones. Pero ya hoy, en la apertura de la sesión asiática, los futuros sobre índices bajaron

Jakub Novak 09:46 2025-07-07 UTC+2

Mercado bursátil el 4 de julio: SP500 y NASDAQ renovaron máximos históricos

Al cierre del día de ayer, los índices bursátiles estadounidenses terminaron en alza. El S&P 500 subió un 0,83% y el Nasdaq 100 sumó un 1,02%. El Dow Jones Industrial

Jakub Novak 07:40 2025-07-04 UTC+2

Mercado bursátil el 30 de junio: el SP500 y el NASDAQ continúan renovando máximos

Al cierre del pasado viernes, los índices bursátiles estadounidenses terminaron al alza. El S&P 500 subió un 0,52%, mientras que el Nasdaq 100 ganó un 0,52%. El industrial Dow Jones

Jakub Novak 12:42 2025-06-30 UTC+2

Mercado de valores el 26 de junio: SP500 y NASDAQ desaceleran su crecimiento

Al cierre de la jornada de ayer, los índices bursátiles estadounidenses mostraron una dinámica mixta. El S&P 500 subió un 0,01%, mientras que el Nasdaq 100 ganó un 0,31%

Jakub Novak 08:56 2025-06-26 UTC+2

El mercado bursátil se acerca a niveles peligrosos

La estructura de ondas del gráfico de 24 horas para el instrumento #SPX parece en general comprensible. Actualmente, se ha completado presuntamente la formación del tramo alcista de la tendencia

Chin Zhao 07:52 2025-06-25 UTC+2

Mercado bursátil el 20 de mayo: S&P500 y NASDAQ abrieron con crecimiento

En la última sesión regular no se realizaron operaciones. Los índices bursátiles estadounidenses cerraron mixtos. El S&P 500 cayó un 0,03%, mientras que el Nasdaq 100 subió un 0,13%

Jakub Novak 13:19 2025-06-20 UTC+2

S&P500 (SPX): según los resultados de la reunión de la Fed

S&P500 (SPX): El mercado bursátil de EE. UU. se encuentra entre las expectativas positivas por la reforma fiscal y los temores relacionados con la geopolítica, los riesgos

Jurij Tolin 15:04 2025-06-19 UTC+2

Mercado bursátil el 13 de mayo: el SP500 y el NASDAQ cayeron

Al término de la última sesión regular, los índices bursátiles estadounidenses cerraron en alza, pero luego la situación cambió radicalmente. El S&P 500 subió un 0,38%, y el Nasdaq

Jakub Novak 13:06 2025-06-13 UTC+2

#SPX - Índice S&P 500 - el potencial de crecimiento no se ha agotado - pero existen matices... Análisis complejo - Horquillas de Andrews APLs & ZUP - desde el 13 de junio de 2025

Escala operativa Minute (marco temporal h4). Niveles técnicos principales para la negociación de #SPX - h4 - revisión de los posibles movimientos a partir del 13 de junio de 2025

Ratu Taslim 13:01 2025-06-12 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el 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.