A number of reports in the coming week will give a fresh read into the economy, including releases on consumer sentiment and consumer confidence. A key gauge of inflation, the monthly personal consumption expenditures price index, is due on March 28, Reuters reported.
Tariffs will remain in the spotlight for Wall Street, with the Trump administration planning reciprocal tariffs on April 2 to rebalance the global trading system.
Heading into that deadline, the transportation stocks could be particularly volatile, said Rick Meckler, partner at Cherry Lane Investments.
The Dow Transports is struggling as investors are concerned about an economic slowdown, driven in part by uncertainty over the fallout from U.S. President Donald Trump’s back-and-forth tariff policies. The Federal Reserve on Wednesday downgraded its U.S. economic growth forecast this year to 1.7 per cent from 2.1 per cent, with central bank Chair Jerome Powell pointing to “unusually elevated” uncertainty.
So far in 2025, the Dow Transports are down about 8 per cent, doubling the drop for the S&P 500 index in that time.Some investors track the transports index in concert with the Dow Jones Industrial Average to determine the overall trend of the market, known as “Dow Theory.” The Dow industrials index is down 1 per cent in 2025 and about 7 per cent from its December record high.Aside from the Dow Transports, other indexes that investors cite as signals for the broader market or economy have posted steep declines.
The Russell 2000, an index of smaller companies generally seen as particularly sensitive to the domestic economy’s strength, is down 15 per cent from its 52-week high in November.
FAQs
Q1. What are top indexes of US Stock Market?
A1. US Stock Market indexes are S&P 500, Dow Jones and Nasdaq Composite.
Q2. What is impact of Tariffs on Wall Street?
A2. Tariffs will remain in the spotlight for Wall Street, with the Trump administration planning reciprocal tariffs on April 2 to rebalance the global trading system.
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