TheDrop Market Analysis, 03/12/25
- Alexangel Ventura
- Mar 12
- 1 min read
Markets began correction as the market dip begins to halt.
The S&P 500 rose 0.5%, the Nasdaq rose 1.2%, the Dow fell 0.2%, and the Russell rose 0.1%. While some areas of the market underperformed, the majority of stocks rose.
Two factors contributed to the market's strong recovery today. First of all was the CPI report which came out Wednesday morning, which showed the inflation rate easing to 2.8%, down from the expected 3.3% from consumers on Monday*. Many expected inflation to trickle up in the wake of Trump tariffs and other economic policies, but instead inflation trended quite the opposite.
Also was the solid recovery of two key stocks today: Nvidia and Tesla. Nvidia surged beyond 6.4%, and Tesla surged 7.6%. Although these stocks were amongst the hardest hit over the past week, these stocks proved to be strong correctors when it is necessary. The rest of the Nasdaq went up with them, surging 1.2% in total according to the Nasdaq index.
*from data released on Monday showing consumer sentiments on the economy
