The S&P 500 slipped 0.2%, while the Nasdaq Composite dropped 0.3%. The 30-stock Dow lost 11.31 points, or 0.03%. Even as Fed policymakers kept their forecast for two rate cuts this year, they raised their inflation outlook and trimmed their economic growth expectations.
The Dow Jones Industrial Average climbed 383.32 points, or 0.92%, and closed at 41,964.63.
The Dow Jones Industrial Average lost 260.32 points, or 0.62%, closing at 41,581.31. The S&P 500 shed 1.07%, ending at 5,614.66.
Dow Jones Industrial Average kehilangan 260,32 poin, atau 0,62%, ditutup pada 41.581,31. Indeks S&P 500 merosot 1,07%, berakhir pada The Dow Jones Industrial Average lost 260.32 points, or 0.62%, closing at 41,581.31.
The S&P 500 climbed 2.13% to end at 5,638.94, and the Nasdaq Composite advanced 2.61% to settle at 17,754.09. It was the best day in 2025 for both the S&P 500 and the Nasdaq.
Billionaire Elon Musk said on Thursday many federal government agencies must be eliminated as part of President Donald Trump’s push to radically overhaul the U.S. government.
We start off the week with US Core Retail Sales and Retail Sales in February. Both data sets declined monthly in January. Domestically, Indonesia’s Trade Balance will also be in focus in the beginning of the week with Exports anticipated to increase 9.1% YoY and Imports stagnating at 0.6% YoY.
Stocks rallied Friday, clawing back some of the steep losses seen over the week, as investors got a reprieve from tariff-related headlines. The Dow Jones Industrial Average rose 674.62 points, or 1.65%, to close at 41,488.19.
US February Initial Jobless Claim will be released, alongside February’s PPI. The US will also hold its 30-Year Bond Auction on Thursday.
