Forex Analysis & Reviews: 10.03.2025 - Stock Market on March 10th:...

Live Chat

InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

Become Trader

Account Opening

See also

Trading Conditions

Forex Analytics

Charts

This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.

Start as Beginner

How to start trading

Useful information

Training and recordings

InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.

Become Investor

PAMM System

ForexCopy System

Passive investments

OYS account

Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.

Become Partner

Main Page

Partner Area

Advantages for Affiliates

Registration

This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.

All Promo Campaigns

Bonuses

Contests

Events

Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.

Full details

Forums

We are in social networks

Forex humour

Forex Portal

InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

Learn More

History

Why Choose Us

InstaSport

Regulation

Company News

Awards

InstaForex Stars

InstaForex Offline

Headquarters

Key documents

Social Responsibility

InstaForex - Official partner of Dragon Racing

10.03.2025 01:58 PM

Stock Market on March 10th: S&P 500 and NASDAQ Extend Decline

Futures on U.S. stock indices fell during Monday's early trading session, while Treasuries advanced as concerns over the state of the U.S. economy dampened investors' risk appetite.S&P 500 futures dropped by 0.8% following the index's worst weekly performance since September of last year. Asian stocks also declined, while Europe's Stoxx 600 quickly erased an early 0.5% gain.

The U.S. dollar index remained just below its lowest level since November, as confidence in the U.S. economy's continued outperformance waned. Treasury yields declined across maturities, as investors sought safe-haven fixed-income assets. Gold rose, whereas oil neared its lowest level since September, as weak economic data from China further darkened the outlook for global demand.

Trump's tariff policies, pressure on key trading partners, a higher unemployment rate, and federal job cuts have increased the likelihood of a slowdown in the world's largest economy after months of outperforming both China and Europe.

Bond traders are also signaling growing risks of an economic stagnation in the U.S., with increasing demand for short-term Treasuries leading to a sharp decline in 2-year yields since mid-February. Investors are now pricing in expectations that the Federal Reserve could resume rate cuts as early as May to prevent a worsening of economic conditions. However, no policy action is expected at the March FOMC meeting.

This marks a sharp reversal in the Treasury market, where the dominant narrative in recent years had been the surprising resilience of the U.S. economy, despite slower global growth.

Recently, San Francisco Fed President Mary Daly stated that growing uncertainty among businesses could slow U.S. economic demand, though she does not yet see the need for a rate cut.

Fed Chair Jerome Powell also acknowledged an increase in economic uncertainty last Friday, though he still expects inflation to continue its path toward 2%. Powell suggested that tariff-induced price increases could be temporary rather than a structural issue.

U.S. job growth stabilized last month, with nonfarm payrolls increasing by 151,000 in February, following a downward revision of the previous month's data. Meanwhile, the unemployment rate rose to 4.1%, adding to concerns over the labor market's resilience.

Technical Outlook for S&P 500

The S&P 500 remains in a downtrend. Key resistance for buyers today is $5,715—a breakout above this level could extend the rally toward $5,740. A further target for bulls is $5,766, which would reinforce buyer control. However, if risk appetite declines further, buyers must step in around $5,692 to prevent further losses. A break below $5,692 could quickly push the index back to $5,670, potentially opening the door for a move toward $5,650.

You have already liked this post today

*Disclaimer: The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.