Stocks Churn After Selloff as Trump to Meet CEOs: Markets Wrap

Rita Nazareth

Tue, Mar 11, 2025, 6:32 AM 2 min read

(Bloomberg) -- Stocks fluctuated aft a tech-led selloff that sent the marketplace to its worst time successful 2025, with President Donald Trump scheduled to conscionable with apical concern executives arsenic firm leaders grapple with uncertainties astir the economy.

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In the run-up to a cardinal ostentation reading, manufacture giants similar American Airlines Group Inc. and Kohl’s Corp. added to the flood of companies raising concerns astir the US consumer. Citigroup Inc. strategists downgraded their presumption connected American shares to neutral from overweight, saying their hegemony of is connected pause, astatine slightest for now.

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“US exceptionalism is astatine slightest pausing” for the coming fewer months, they wrote. “The quality travel from the US system is apt to undershoot the remainder of the satellite successful coming months,” they added.

The S&P 500 mislaid 0.2%. The Nasdaq 100 fell 0.1%. The Dow Jones Industrial Average slid 0.1%.

The output connected 10-year Treasuries precocious 1 ground constituent to 4.23%. The Bloomberg Dollar Spot Index fell 0.4%.

Some 20 US investment-grade borrowers were looking to contented indebtedness Tuesday, but lone astir 8 whitethorn proceed arsenic the recognition backdrop remains rather fragile, according to an informal survey of indebtedness underwriters who declined to sanction the firms.

Key events this week:

• Canada complaint decision, Wednesday

• US CPI, Wednesday

• Eurozone concern production, Thursday

• US PPI, archetypal jobless claims, Thursday

• US University of Michigan user sentiment, Friday

Some of the main moves successful markets:

Stocks

• The S&P 500 fell 0.2% arsenic of 9:30 a.m. New York time

• The Nasdaq 100 fell 0.1%

• The Dow Jones Industrial Average fell 0.1%

• The Stoxx Europe 600 fell 0.8%

• The MSCI World Index fell 0.2%

Currencies

• The Bloomberg Dollar Spot Index fell 0.4%

• The euro roseate 0.8% to $1.0922

• The British lb roseate 0.4% to $1.2932

• The Japanese yen fell 0.4% to 147.84 per dollar

Cryptocurrencies

• Bitcoin roseate 3.1% to $81,706.29

• Ether roseate 3.6% to $1,934.99

Bonds

• The output connected 10-year Treasuries precocious 1 ground constituent to 4.23%

• Germany’s 10-year output precocious 4 ground points to 2.87%

• Britain’s 10-year output precocious 3 ground points to 4.67%

Commodities

• West Texas Intermediate crude roseate 1.2% to $66.83 a barrel

• Spot golden roseate 0.8% to $2,912.04 an ounce