Stock Market Today: March 17th - 21st, 2025

Welcome to the trading week of March 17th!

Dow pops more than 650 points in relief bounce Friday, but still posts worst week since 2023: Live updates



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. 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.

Big tech shares that were rattled earlier this week saw a sharp recovery on Friday. Nvidia shares popped more than 5%. Tesla jumped nearly 4%, and Meta Platforms gained close to 3%. Amazon and Apple also rose.

Stocks bounced after a lack of new headlines out of the White House related to tariffs, easing concerns around escalating tensions for the time being. Investors might also be scooping up shares after a stock market pullback on Thursday.

A decline of more than 1% Thursday pulled the S&P 500 into a correction – a decline of at least 10% from the record close notched just 16 days ago. The session’s sell-off dragged the Nasdaq further into correction, and it brought the small-cap Russell 2000 closer to a bear market, or a drawdown of 20% from its high.

That marked another milestone in the pullback that has gripped investors over the past three weeks as President Donald Trump’s on-again-off-again tariff policy drove up uncertainty and market volatility.

Indeed, even Friday’s rally couldn’t spare the three major averages from weekly losses. The Dow fell roughly 3.1% for its worst week since March 2023. The S&P 500 and the Nasdaq both dropped more than 2% and posted their fourth consecutive losing week.

Adding to Friday’s positive sentiment was Senate minority leader Chuck Schumer, D-N.Y., saying he wouldn’t block a Republican government funding bill.

However, data released Friday from the University of Michigan confirmed that consumer confidence has suffered from the ongoing tariff-related uncertainty, worries that have driven the market down the last three weeks. Consumer sentiment dropped in March to 57.9, lower than the 63.2 economists polled by Dow Jones had expected.

“Consumer sentiment came in worse, inflation expectations are rising, the 10-year Treasury yield is rising. You would think that the market would be off. So a lot of folks are watching to see if this rally has any breadth or legs,” said Thomas Martin, portfolio manager at Globalt Investments.

Investors are gearing up for the Federal Reserve policy meeting scheduled for next week, where fed funds futures are pricing in a 97% likelihood of interest rates holding steady, according to CME’s FedWatch tool.

“What we would like to see is rates not go up, because that would be an indication that the Fed is losing control. If the Fed says they’re cutting and rates go up, that’s a lack of confidence,” Martin added.

This past week saw the following moves in the S&P:


S&P Sectors End of Week:


Major Indices End of Week:


Major Futures Markets End of Week:


Economic Calendar for the Week Ahead:

 

Houston, We Have a Correction. Now What?


“Everybody in the world is a long-term investor … until the market goes down.” Peter Lynch, famous fund manager

After another big down day on Thursday, stocks officially fell into a correction, with the S&P 500 down more than 10% from the February 19th peak. Although this hasn’t been fun, we can’t say it wasn’t totally unexpected, as late February to early March is one of the more seasonally weak times of the year, not to mention the first quarter of a post-election year is one of the weakest quarters in the four-year presidential cycle. Here’s a chart we’ve shared a lot that shows just this. Then factor in that the first quarter after a 20% gain tends to be weak and that the past 20 years the first quarter has been weak in general, and things were ripe for some volatility early in 2025.



We’ve been on record that at some point this year we’d probably see a 10% correction and here it is. No, I didn’t think it would happen this quickly, but always remember that stocks take the escalator up, but the elevator down.

Another popular chart we’ve shared a lot is how 10% corrections tend to happen once a year on average (shout out to Ned Davis Research for this data). Given we didn’t have a correction last year, you could say the odds favored having one this year.



Is This Normal?
Trust me, I get it. This doesn’t feel normal. We are in the middle of a seemingly escalating trade war with uncertainty dominating everything. Markets can take good news, they can even take bad news, but they hate uncertainty and we have a lot of it.

Still, over the past 46 years this is now the 24th year with at least one correction at some point during the year, meaning these corrections happen a lot. Of course, not all corrections become bear markets. I found 16 years stocks had a correction, but didn’t fall into a bear market that year (which is what we expect to happen this time), and stocks gained a solid 9.5% for the year and were higher for the year 10 times in those cases. Remember that since 1950 stocks are up 9.5% on average.



A little more color on the chart above. The average year sees a 14.0% peak-to-trough correction and the years that have fallen 10% at some point, but finished the year higher, ended up with a 17.5% average return for the year. With the S&P 500 down 6.1% for the year, there’s still time for it to get back to positive and maybe even by a large amount. Don’t give up hope just yet.

Could This Turn Into a Bear Market?
Of course anything is possible, but as of now we’d put the odds of this turning into a bear market (so down 20% from the February 19th peak) quite low. First off, we found there have been 48 corrections in history and only 12 of them turned into a bear market, so only 25% have gone on to move into bear market territory.



Another Bear Would Be Quite Rare Part 2
If this turned into another bear market it would set a new record and I guess this would be under the “records we don’t want” category.

The S&P 500 peaked on February 19, 2020 before the Covid bear market and then we had another bear market in 2022. We’ve never seen back-to-back bears so close (only 1.9 years apart), so could we really have a third bear so soon? If we did that would be three bear markets starting within five years of each other, breaking the previous record of nearly seven years between 1966 and 1973. Again, anything is possible, but I’d say another bear this soon after the previous two isn’t a likely scenario.



Here’s a tweet I did on how many bear markets we’ve seen per decade. Again, could we really have three bears in only half a decade?



What Are We Doing?
Remember, our team doesn’t just write or talk about what is happening, we manage real money for our Carson Partners. The majority of our models have done extremely well the past few years, mainly due to our large overweight to equities. We are still overweight equities now, but we’ve been making changes since late last year to help prepare for a year that was likely going to be a tad more volatile than the past two.

If you are all in the “Magnificent 7,” yes, this has been quite rough, but if you have a well-diversified portfolio it isn’t nearly as bad as they keep telling you on TV.

Here and now we are preaching to stay diversified. Yes, the S&P 500 is down more than 6% for the year, but core bonds are up a couple percent, long Treasuries are up close to 4%, gold is up double digits, and most European market are up in the upper teens or more.

We have exposure to all of these areas to help with this kind of volatility. We added gold in our tactical models as far back as March 2023, then added more after the big gold drop after the US Election in 2024, while we finally added some Treasuries late last year and added Treasury inflation-protected securities (TIPS) about a month ago. We have an allocation to international stocks and are actively considering whether we should add a little more. Yes, small caps have been quite disappointing, but we’ve been in both small and midcaps (what we call SMID) and midcaps have done a tad better than small caps. We won’t get them all right and will certainly have our share of incorrect calls, but the good investors are those who keep those mistakes small.

Treasuries Playing Defense Again (for Now)


For the second consecutive decline of 5% or more in the S&P 500, long Treasuries have been playing defense, at least so far. Here “playing defense” means a return better than short Treasuries, although over short periods of time that’s usually near zero. I’m using long Treasuries here as a proxy for bonds, because they tend to play the strongest defense when bonds are working.



Is that a reason to “like” bonds again? It depends on what you mean by “like.” It’s not a reason to prefer bonds to stocks. In fact, over the course of the drawdown bonds have grown somewhat less attractive and stocks more attractive. And while we’ve downgraded our growth expectations and the likelihood of “animal spirits” giving the economy a boost, our baseline remains that strong income growth and the potential for a fiscal boost in the back half of the year makes a recession in 2025 unlikely. We would expect that to be a good environment for stocks (See Carson Global Market Strategist Sonu Varghese’s excellent commentary here and here.) The calendar also still looks generally supportive of equity gains over the rest of the year. (See Carson Chief Market Strategist Ryan Detrick’s always insightful thoughts here.)

There continues to be a lot of uncertainty around interest rates, as the Fed remains “higher for longer” amid the uncertain impact of policy, especially tariffs, on inflation. This doesn’t mean the Fed won’t cut, but only that outside a clear deterioration in economic conditions, the pace of rate cuts is expected to be slow and the point at which rate cuts stop will likely be higher than what we’ve seen starting with the Great Financial Crisis. Right now the market is pricing in three rate cuts over 2025 with the next cut coming at the June 17 – 18 FOMC meeting.

But bonds have two and a half things going for them that they didn’t have leading into the “bondmageddon” that started in August of 2020 and lasted until October of 2022:

-Starting yields are higher, and over time (roughly the average maturity of the bonds currently in the index), yields are a good forecaster of returns (see below). Think of it this way. As of yesterday, the yield on the Bloomberg Aggregate Bond Index was 4.65%. If yields don’t move, that’s your expected return over the next year and provides some cushion if yields press higher. Back in August 2020, the yield on the index was 1.05%. That means that bond yields need to rise enough to cause a 3.6% decline in bond prices before 2025 is on roughly an equal footing with 2020.



-Longer-term yields (10-year Treasuries and longer) are slightly above shorter-term yields. Not by much given recent yield declines, but before the Fed started cutting rates, shorter-term yields were more attractive.

-And finally, bonds have been playing defense of late, but this one only counts ½ since it’s not going to play out in all scenarios. If we get a scenario where growth expectations slow meaningfully but inflation expectations rise, the correlation of stocks and bonds could rise, with bond declines accompanying stock declines. But slower growth is usually disinflationary, and if that outweighs any inflationary policy impact, then bonds can continue to play defense during a growth scare. These possibilities are captured nicely in the below chart from our Outlook 2025 with the current sell-off added for comparison.



So how to handle bond positioning? Since we are overweight equities, we remain biased toward higher quality bonds, preferring to take more equity-like risk in equities. That includes some exposure to Treasury inflation-protected securities (TIPS). Since we are underweight bonds, we are willing to run at a level of interest rate sensitivity somewhat above the Bloomberg US Aggregate Bond Index, which we use as a bond benchmark. But on a portfolio level that still leaves us below our multi-asset benchmarks in overall rate sensitivity. And we do look for ways to diversify stocks outside of just bonds (and diversify bonds!), including a tactical allocation to gold, incorporating trend-following strategies that can provide exposure to a wide range of assets, and even incorporating lower volatility stock exposure into our portfolios.

Can Luck O’ the Irish Stem the Tide? S&P 500 Up 23 of Last 31 St. Patrick’s Days

Céad Míle Fáilte! After a challenging first half of March, the market could sure use some good luck to have any chance at a full-month gain. Saint Patrick’s Day is the only cultural event that perennially lands in March.

Since 1950, the S&P 500 posts an average gain of 0.27% on Saint Patrick’s Day (or the next trading day when it falls on a weekend), a gain of 0.07% the day after and the day before averages a 0.11% advance. More recently since 1994, Saint Patrick’s Day market performance has been improving. S&P 500 has been up 23 times in 31 years with an average gain of 0.70%.

In the ten years, since 1950, when St. Patrick’s Day falls on a Monday, like this year, S&P 500 has been green six times but posts an average loss of -0.01% due to a 3.01% drop in 1980. Fridays before have been somewhat weaker, up 5, down 5 but with an average gain of +0.04%. Tuesdays following the parades and revelry have been mixed, up 6 of 10 with an average loss of -0.08%.

March Madness


“The stock market is the only place where things go on sale yet everyone runs out of the store screaming.” Old Wall Street saying

What is it about March that brings volatility? Yesterday was the worst day of the year for stocks and worries over tariffs and a growing trade war dominate the headlines. Now the truth is this early year weakness wasn’t a surprise, as we’ve discussed many times. I was on CNBC in mid-February and even said to expect a potential banana peel drop.

As we’ve discussed before, early year weakness in a post-election year isn’t abnormal. Early year weakness after a 20% year isn’t abnormal. And early year weakness the past 20 years hasn’t been abnormal either. No, no one should ever invest purely on the calendar, but March has had some nice lows over the years and as we show below, the past two decades it has been perfectly normal to see late February to early March weakness, but then a nice bounce.







We’ve Been Here Before
It is important for investors to remember what happened two years ago this month, as the 16th largest bank in the United States went under virtually overnight and many expected the Regional Bank Crisis to spark a new bear market, but it didn’t. The S&P 500 actually finished that month higher. Then five years ago we shut down our economy during a once-a-century pandemic. Stocks eventually fell 34% in five weeks, but then bottomed on March 23, 2020 and finished with a solid 16% gain in 2020. Then who could ever forget the Great Financial Crisis, which bottomed on March 9, 2009 after a down 56% generational bear market? The point is you might feel scared, frustrated, and confused now, but there have been many other times this has happened and many of them have taken place in this very month, but all were major lows as well. We got past those times and we will get past this one.



Putting Things in Perspective
Yesterday was a bad day, a very bad day, as the S&P 500 fell 2.7% for the worst day of the year so far. Last year saw a 3.0% down day and still had a great year, so this got me thinking how normal it is for a good year to have a bad day. Turns out, it is quite normal. I found 22 years the S&P 500 gained 20% for the full year and the worst day of the year was down 3.5% on average those years. Incredibly, 1997 had a worst day down nearly 7%, yet gained more than 30% for the year.



The average year since 1980 has averaged a 14% peak-to-trough correction on average. 2025 is up to 8.5% off the recent highs and as I’m typing this, and things could be worse by the time you read this, but it is again important to remember we haven’t had a 10% correction since late in 2023 and the odds we would go all of 2025 without one were likely slim. As you can see, double-digits corrections happen a good number of years, but still finishing higher for the year is common as well.



Volatility Is the Toll We Pay to Invest
If you’ve read these missives before then you’ve probably heard us say that volatility is the toll we pay to invest. So 2025 won’t be the first year ever to go up each day and never have a scary headline, because that’s just not the way that markets work. This is officially the first 5% mild correction of 2025, something that even the best years tend to see, and no reason in itself to become pessimistic. In fact, we had two 5% mild corrections last year plus a 10% correction, and one mild correction in 2023, but both years gained more than 20% when all was said and done. And trust us, during each of those times the past two years fear was rampant on the weakness, just as we are seeing currently.

Could this weakness turn into a 10% correction? Given stocks are one bad day away, that is quite possible, but we do not expect things to get much worse and the odds of a full-blown bear market remain quite slim. As uncomfortable as this recent volatility feels, know that it is the toll we must pay to invest.



Thanks for reading and here’s to a little less madness this March!

4th Worst Post Inaugural S&P 500 Performance since WWII



President Trump’s fast and furious pace of change to kick off his second term has created a great deal of uncertainty. Historically, the market has not performed well during periods of uncertainty. Monday, March 10, marked the seven weeks since Inauguration Day and as of the close S&P 500 was down 6.37%, its fourth worst post inaugural performance since 1945. Presidents Obama (2009), W. Bush (2001) and Ford (1974) suffered greater declines through the seventh week.

In the above table we have included the S&P 500’s performance every Inauguration Day since April 12, 1945, when Truman became President following the death of FDR. We also included November 1963, when Johnson took over after JFK was assassinated and Ford in August 1974, following Nixon’s resignation. We use the close on Inauguration Day or the day before when it landed on a holiday like this year. Republican Administrations are shaded in grey.

Seven weeks may be an odd data point to consider but it is consistent with the current time frame. Looking out to 12-Weeks After and 100-Days After, we see an improvement in S&P 500 performance with average, median and frequency of gains improving. Should the market find support, a rebound would be consistent with past post inaugural performance.

Big Swings for Small Business
Tue, Mar 11, 2025

This morning's release of small business sentiment from the NFIB showed another month-over-month decline in the headline Optimism Index. The politically sensitive survey has shown that the headline index has managed to remain well above pre-Election levels, though the past two months have marked a dramatic drop. The index was at a high 105.1 in December thanks to a record increase after the election. In the two months since then, the index is down 4.4 points, which, as shown in the second chart below, makes February the 10th largest 2-month decline on record.



In the table below we show the readings for each category of the report including the 10 inputs to the optimism index in addition to the eight other indices. As shown, the latest drop has brought the index down from an 85th percentile reading to a 66th percentile reading. Breadth was notably weak with only three inputs rising month-over-month while the rest fell. Other categories were mixed with three increases, three declines, and two unchanged readings.



As previously noted, historically the NFIB survey has been sensitive to politics. The survey has shown small businesses to be more optimistic when Republicans are in power whereas sentiment has been weaker when Democrats are in power. As we discussed in today's Morning Lineup, some categories like labor indicators appear less sensitive. Expanding on this, below we have constructed indices within the report that are centered around observed or actual changes to the businesses (which in theory could be less politically sensitive) and expectations or plans (which would be more sensitive).

As shown, both indices got a boost after the election although plans and expectations saw a significantly larger jump, meaning small businesses' hopes were perhaps ahead of what was actually happening within their firms. Just as fast as it rose, that expectations index has pulled back sharply in the past couple of months. As a result, expectations continue to outpace actuals, although to a smaller degree than at the end of 2024.



In addition to the various categories of the report, the NFIB also has an Economic Policy Uncertainty index. This index tends to rise the most during election years, and given we are only a few months out from the election, this index has remained near historically elevated levels. As shown in the second chart below, the move over the past several months has been extremely volatile. The move in the past two months is similar in size to the two-month period leading up to last fall's election. Prior to that, the only moves of this size were observed in the summer of 2022 and in early 2016 before that.



Elsewhere in the report, there were other mixed signals which could cause some uncertainty outside of politics. The higher prices index ticked up meaningfully with a 10-point jump resulting in the highest reading since May 2023. However, the percentage of firms reporting inflation as their single biggest problem has fallen massively to only 16% versus a recent high of 25% last summer.



For the cohort of businesses that reported lower earnings, inflation was the second most common response accounting for 10% of respondents. That is still well below the past few years' range, and plays second fiddle to sales volumes, which rose to 16% to match last October and November 2023 for the highest reading since March 2021.



Another big move in last month's report had to do with capex. While 'actual changes to capex' was flat on the month, credit availability rose another point to continue its massive improvement from the past few months.



Perhaps as a result of that greater ease for credit or perhaps to front run any potential tariff impact on the heavily exposed auto industry, we would also note that February saw a historic surge in the percentage of firms reporting capex spend on vehicles.

March Madness Sets Up Ides of March Washout Bounce

Stormy March markets have battered stocks lower in the first half of the month in recent years. Named after Mars, the Roman god of war, the third month of the year often serves as a battleground for bulls and bears. Julius Caesar may not have heeded the famous warning to “beware the Ides of March,” but perhaps the bears should take heed this year, at least for a bounce.

Several key technical levels have been breached which unfortunately brings support around the September lows and last March’s highs in the 5300-5400 area into play. But a near term bounce is setting up for later this week or early next, though it will need some sort of catalyst from President Trump, the Fed, Congress, rates, inflation or geopolitics to trigger it.

The Nasdaq 25 Years Later
Mon, Mar 10, 2025

Twenty-five years ago, the fun of the Dot Com boom came to an end. Roughly beginning in December 1994 with the release of the first internet browser, Netscape, the Nasdaq would go on to rally just under 600% through the closing high set on March 10, 2000. After that high, the index declined with persistent losses as it didn't find a bottom until over two and a half years later in October 2002. By then, the index was down 77.8% from its high, and it wasn't until 2015 that the Nasdaq eventually reclaimed those prior highs. Fast forward to today, even though the Nasdaq has once again pulled back from its most recent highs, the index is now up 250% since that Dot Com peak and is up almost 1,500% since the 2002 low.



A quarter century later, the Nasdaq is once again in the midst of a new technical revolution with the emergence of AI. Additionally, while on March 10, 2000, the Nasdaq hadn't quite started to roll over, today it is in a significant drawdown having fallen 13% from the December 16 high. In the chart below, we show the drawdowns in the Nasdaq in the year after the 2000 high versus the current drawdown so far since the December peak. As shown, the pullback off of the Dot Com high was much more rapid that what has been seen lately. For the comparable number of trading days, the Nasdaq was already closing in on a 40% decline in 2000 versus only a 13% drop currently. Additionally, this latest drop has seen the Nasdaq actually trade sideways for about a month before things really started to fall off a cliff in the past couple of weeks.



While the move off of the recent high doesn't exactly line up with the Dot Com era, using a different starting point shows a much greater correlation. Below we show the performance of the Nasdaq in the three and five years following the releases of Netscape and ChatGPT. As shown, the two lines have tracked one another remarkably well including this latest pullback.

Since 1990, the S&P 500 is up 9.8% on average per year.

 

Here are the percentage changes for the major indices for WTD, MTD, QTD & YTD in 2024-



S&P sectors for the past week-

 

Here are the current major indices pullback/correction levels from 52WK highs as of week ending 3.14.25-


Here is also the pullback/correction levels from current prices


Here are the current major indices rally levels from 52WK lows as of week ending 3.14.25-

 

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Here are the upcoming IPO's for this week-

 

Stock Market Analysis Video for March 14th, 2025
Video from AlphaTrends Brian Shannon


ShadowTrader Video Weekly 3/16/25
Video from ShadowTrader Peter Reznicek

 

StockForumers! Come join us on our stock market competitions for this upcoming trading week ahead!-

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StockBoards Weekly Stock Picking Contest & S&P Sentiment Poll (3/17-3/21) <-- click there to cast your weekly market direction vote and stock picks for this coming week ahead!

Daily S&P Sentiment Poll for Monday (3/17) <-- click there to cast your daily market direction vote for this coming Tuesday ahead!

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It would be pretty sweet to see some of you join us and participate on these!

I hope you all have a fantastic weekend ahead!

 

And finally here is the most anticipated earnings calendar for this upcoming trading week ahead-
($NIO $MU $NKE $PDD $CCL $FIVE $FDX $QFIN $SNDL $JBL $STNE $ASO $SIG $WSM $NRXP $MRVI $WALD $ACN $XPEV $TSQ $FVR $KC $AMPX $PL $HITI $HQY $FGEN $GAMB $MNSO $NOA $INSE $GIS $DRI $SOWG $SRAD $SRFM $PLX $LEN $SGMO $SNDA $FDS $VXRT $ZK $MGNX $OUST $LAR $LAZR $LPRO $KLC $INKT)


If you guys want to view the full earnings post please see this thread here-

• Most Anticipated Earnings Releases for the week beginning March 17th, 2025 <-- click there to view!

 

Top of the morning StocksForumers! Happy Monday to all of you and welcome to the new trading week and a frrrrrrrrrrrresh start. Here is a quick check on those futures as we are over an hour into the US cash market open.

GLTA on this Monday, March the 17th, 2025!

 

Here are today's economic calendar events:

 

Here are today's analyst stock upgrades & downgrades:

 

Here are this morning's pre-market earnings results:

 

Morning Lineup - 3/17/25 - Feeling Lucky?
Mon, Mar 17, 2025

Shhhhh. Don’t tell anyone, but as we type this the S&P 500 and Nasdaq are indicated to open slightly higher today. That doesn’t mean the day will finish that way (or even that the market will open higher at 9:30). Still, if, somehow the S&P 500 manages to close higher today, it would be the first time in President Trump’s second term that the index closed higher on the last trading day of one week as well as the first trading day of the next!

There are a few important economic reports on the calendar this morning with March Empire Manufacturing and February Retail Sales both hitting the tape at 8:30 while Business Inventories and Homebuilder Sentiment will come out at 10 AM. Retail Sales will be a key report to watch for clues as to whether the President’s herky-jerky tariff policy, which has weighed on sentiment, has impacted consumer activity. The Empire Manufacturing report will be one of the first clues as to whether business sentiment has gotten worse in March.

In Europe this morning, stocks are broadly higher with the STOXX 600 up 0.5%. That follows a positive night in Asia as China reported better-than-expected growth figures in terms of Retail Sales and Industrial Production. As expected, Chinese authorities also announced a “Special Action Plan” to stabilize the stock market and increase domestic consumption.

St Patrick’s Day is often associated with luck, although that hasn’t necessarily been the case for the market. Over the last 50 years, the US equity market has been open for trading on St Patrick’s Day 36 times, and its median performance on those days has been a gain of 0.23% with positive returns 61% of the time. The best St. Patrick’s Day performance during that stretch was in 2020 when the S&P 500 rallied a hair under 6% (5.99%) while the worst performance was in 1980 when it fell 3.01%. More recently, performance has been stronger with the S&P 500’s median performance since 2009 being a gain of 0.66% and positive returns 73% of the time.



Looking at the S&P 500’s performance during St. Patrick’s Day week, there has also been a modestly positive tone. For this analysis, we calculated the S&P 500’s performance from the Friday before St. Patrick’s Day to the Friday after, and in those years when it fell on a Friday, we used the performance from the Friday before to that Friday. Over the last 50 years, the S&P 500’s median performance during the week has been a gain of 0.80% with positive returns 58% of the time. The ‘greenest’ week for the market during this period was in 2003 (+7.5%), and the second strongest week was in 2022 (+6.2%). To the downside, the two weakest St Patrick’s Day weeks were both in the last ten years. In 2020, the S&P 500 fell just under 15% even as it rallied almost 6% on St. Patrick’s Day. Talk about volatility! 2018 was another year where the luck of the Irish wasn’t evident in the market as the S&P 500 fell 5.95%.

 

Here is a final look at today's market and futures maps, as well as how each sector performed individually at the close on Monday, March 17th, 2025.

 

Top of the morning StocksForumers! Happy Tuesday to all of you and welcome to the new trading day and a frrrrrrrrrrrresh start. Here is a quick check on those futures as we are over an hour into the US cash market open.

GLTA on this Tuesday, March the 18th, 2025!

 

Here are today's economic calendar events:

 

Here are today's analyst stock upgrades & downgrades: