The trader worked on the New York Stock Exchange on March 18, 2025.
NYSE
Investors feel as pessimistic as consumers. A University of Michigan consumer survey released on March 14 showed consumer sentiment has plummeted to its lowest since 2022.
This is reflected in the stock market that has resumed its sales, dark hopes, offered by a two-session winning streak on Friday and Monday.
Even artificial intelligence can’t stop bleeding. The announcement of Nvidia’s new chips has hardly changed feelings. In fact, the company’s shares closed 3.4% lower. For now, it appears that market watchers will be able to boost the economy and market mood as they are not expecting cuts at the US Federal Reserve meeting on Wednesday.
Things you need to know today
US Stock resumes slides
The sale of US stocks resumed on Tuesday. S&P 500 1.07% will be poured Dow Jones Industrial Average Lost 0.62% Nasdaq Composite A decrease of 1.71%. Tesla The stock has hampered more than 5% after RBC’s capital markets lowered its stock price target. Crossing the Atlantic Ocean, Stoxx 600 The index rose 0.61%. Germany’s Dachshund The index rose 0.98% after the country’s presidency or parliament on Tuesday afternoon, voted in favor of a major fiscal package.
Investor sentiment slump: a survey
Respondents in the March CNBC Fed survey increased the probability of a recession to 36% from 23% in January, and reduced the 2025 average GDP forecast from 2.4% to 1.7%. Apart from that, Bank of AmericaA survey by S Global Fund Managers showed the largest pullback of overall investor sentiment since March 2020. In fact, data from Barclays It has been revealed that individual investors have not purchased DIP during the market correction.
Nvidia announces new AI chips
nvidia At GTC meeting on Tuesday, the Blackwell Ultra, an upgrade to the current AI chip family, and Vera Rubin, the company’s next-generation graphics processing unit, scheduled to be shipped in 2026.
Google to get wiz
Google It has signed a “decisive agreement” to acquire Wiz, a New York-based cloud security startup. Google’s biggest contract in history is expected to end in 2026.
Trump, Putin agrees to a “narrow” ceasefire
US President Donald Trump and Russian President Vladimir Putin on Tuesday agreed to measures to end the war in Ukraine, hitting a narrow ceasefire that is expected to take effect soon. “We agreed to an immediate ceasefire for all our energy and infrastructure,” Trump wrote in a true social post that lasted at least 90 minutes after his call with Putin.
(Pro) The US Federal Reserve may not settle the market
The US Federal Reserve on Wednesday announces its monetary policy decision and updates its forecasts on where fees will be in the coming years. However, with the economy and markets at the edge, central banks may not have the information they need to reassure investors. It could also surprise the market even more.
And finally…
Germany’s waiting Prime Minister and leader of Christian Democrat Union Party (CDU) Friedrich Merz and German Minister of Defense Boris Pistorius attended an extraordinary session of lawmakers in the resignation of House of Representatives for the vote to adopt a draft law that was brought up to reform the prominent SPD and CDU/CSU laws in order to reform constitutional bonds, Berlin, Germany, March 18, 2025.
Anegret Hills | Reuters
German Parliament has passed historic debt reforms, paving the way for higher defense spending
Germany’s Bandetag on Tuesday voted in favor of a major fiscal package. This includes many years of debt policy changes to enable higher defence spending and 50 billion euros ($54.8 billion) of infrastructure and climate funds.
Under the proposed new law, defense and certain security spending beyond certain thresholds will no longer be subject to the debt brakes. This will allow the government to assume the debt and determine the size of the federal government’s structural fiscal deficit.
“Germany has given up on leading the European fiscal frugals group to boost the economy,” said Karsten Bruzeski, global head of ING’s macros.
