Stock Market Today: Indexes Rebound Amid Economic Uncertainty

Market Performance and Major Indexes

As of Tuesday, March 11, 2025, the stock market is showing signs of recovery following a significant selloff on Monday. The major market indexes are attempting to rebound from what was described as the worst plunge of the year.

Futures for the S&P 500 are up 0.41%, while Dow futures have risen 0.32%, and Nasdaq futures are leading with a 0.54% increase. This modest recovery comes after a tumultuous Monday that saw the Dow Jones Industrial Average plummet by 890 points (2.1%) to close at 41,912. The S&P 500 experienced an even steeper decline of 2.7%, dropping 187 points to 5,615, marking its worst performance of the year. The tech-heavy Nasdaq was hit hardest, falling 4% or 728 points.

Why is the Market Up Today?

The slight uptick in futures suggests that investors are cautiously optimistic after yesterday’s selloff. One factor contributing to this optimism is the news that President Donald Trump is scheduled to meet with top business executives later today. This meeting could potentially address concerns about economic policies and trade tensions that have been weighing on market sentiment.

However, it’s important to note that the market remains volatile, with the CBOE market volatility index (VIX) closing at its highest level since August. This indicates that investors are still wary of potential economic headwinds.

Major Stock News and Market Movers

Several high-profile stocks are making headlines today:

1. Tesla (TSLA): After Monday’s 15.4% drop, Tesla shares are showing signs of recovery, up 4.7% in premarket trading.

2. Nvidia (NVDA): The tech giant is up 1.6% in premarket trading, attempting to bounce back from recent losses.

3. Delta Air Lines (DAL): The airline’s stock has plummeted 11.5% after slashing its first-quarter profit estimates by half, citing heightened U.S. economic uncertainty.

4. Oracle (ORCL): Shares are down 1.8% following the cloud company’s missed quarterly revenue estimates.

5. Tata Communications: The Indian multinational company’s share price ended with 8% gains, bucking the overall market trend.

Upcoming Market Events and Economic Indicators

Investors are closely watching several key events that could impact market performance:

1. Job Openings and Labor Turnover Survey: The Labor Department is set to release this report later today, which could provide insights into the current state of the job market.

2. Inflation Report: A closely watched inflation report is expected later this week, which could influence the Federal Reserve’s decision on interest rates.

3. Federal Reserve Meeting: The central bank is expected to leave borrowing costs unchanged at its meeting next week. However, interest rate futures suggest the possibility of at least 75 basis points in rate cuts by December, reflecting expectations of slowing economic growth.

4. Government Funding Bill: Voting on a funding bill at Capitol Hill to avert a partial federal government shutdown is also on the radar.

Market Outlook and Analyst Perspectives

Despite the slight recovery in futures, analysts remain cautious about the market’s near-term prospects. Citi has recently downgraded its recommendation for U.S. stocks to “neutral” from “overweight,” joining other brokerages in expressing concern about current valuations and economic uncertainties.

The recent market volatility has been largely attributed to President Trump’s tariff policies against major U.S. trading partners, which have negatively impacted consumer and business sentiment. These policies, combined with signs of slowing economic growth, have led to increased market uncertainty.

As investors navigate these choppy waters, it’s clear that the stock market today is grappling with a complex mix of economic indicators, corporate performance, and policy decisions. While the slight rebound in futures offers a glimmer of hope, market participants remain vigilant, closely monitoring upcoming events and economic data for further direction.