Market Recap: Stocks Rebound on Fed Chair Powell’s Reassurance, Major Indexes Still Set for Worst Week of 2025
Market Performance and Index Movements As the trading day came to a close on Friday, March 7, 2025, U.S. stocks managed to recover from earlier losses, ending the session on a slightly positive note. This rebound came after Federal Reserve Chair Jerome Powell’s reassuring comments about the state of the economy and the central bank’s stance on interest rates. The Dow Jones Industrial Average edged up 0.1%, while the S&P 500 remained flat, and the tech-heavy Nasdaq Composite slipped 0.1% by the end of the trading day. Despite this modest recovery, all three major indexes are still on track to post their biggest weekly losses of 2025, with the Dow down 2.9%, the S&P 500 down 3.6%, and the Nasdaq declining 4.1% for the week. Key Factors Influencing Market Sentiment Several factors contributed to the market’s volatility this week: 1. Federal Reserve Commentary: Jerome Powell’s speech on Friday played a […]