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U.S. Markets See Mixed Trends Amid Economic Uncertainty

Nasdaq heads for its fifth consecutive weekly loss, while the Dow posts its strongest weekly gains since January, as economic signals and policy concerns weigh on sentiment.

  • U.S. jobless claims rose by 2,000 to 223,000 in the second week of March, slightly below market estimates of 224,000.
  • Existing home sales jumped 4.2% in February to an annualized rate of 4.26 million, reflecting strength in the housing market.
  • The Federal Reserve increased its inflation outlook while lowering growth expectations, fueling concerns about stagflation.
  • The Nasdaq Composite is on track for its fifth straight weekly loss, marking its longest losing streak since 2022, while the Dow is poised for a 1.1% weekly gain.
  • Natural gas inventories rose by 9 billion cubic feet last week, significantly surpassing market expectations of 3 billion cubic feet.
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