In the United States, stock indexes showed gains on Friday, March 14, as investors tried to stage a rebound to end a rocky week.
The Dow opened with growth. The corresponding indicator showed an increase of 675 points or 1.65%.
The broader S&P 500 was also on a growth trajectory on Friday. In this case, the indicator increased by 2.13%. The Nasdaq Composite showed a growth of 2.61%.
The rebound was recorded after last Thursday, March 13, when the mentioned indicators were on the trajectory of a sharp decline. For example, the S&P 500 closed in correction territory. This indicator has fallen by more than 10% relative to its last high. Such a sharp decline was recorded for the first time since the end of 2023.
The market value of the benchmark index has fallen by about $5 trillion since its peak on February 19th. This is evidenced by FactSet data.
The Dow’s gains on Friday partially offset the losses recorded in the current week. At the same time, the blue-chip index continued its movement on the downward trajectory on Friday. Since Monday, March 10, this indicator has fallen by roughly 3.1%. The current week has been the worst for the blue-chip index in the last two years.
For the United States stocks, the positive impact factor was the news that lawmakers would pass a government funding bill, avoiding a shutdown. It is worth noting that this news was eventually confirmed. The Senate passed a six-month funding bill to avert a government shutdown.
In the first half of March, the markets were agitated by the tightening of the tariff policy of the administration of the President of the United States, Donald Trump.
As we have reported earlier, Fed Faces Growing Economic Risks.
