top of page

Stock Market Update Monday March 25, 2024

Stock Market Update Monday March 25, 2024 The FOMC opted to maintain rates unchanged and refrained from committing to future adjustments. Nonetheless, Jerome Powell & Co. suggested the possibility of rate cuts during the post-FOMC meeting press conference, contributing to trader optimism last week. Traders appear to be grappling with a lingering effect from last week's euphoria. However, today's low volume on the SPY ETF signaled one of the lowest volume days of the year, indicating a subdued market sentiment. Most stock indices experienced modest declines in lackluster trading day.


Away From Stocks: While long-dated Treasuries also experienced modest pressure, with 10- and 30-year yields settling at 4.25% and 4.42%, respectively, each up three basis points on the day. WTI crude rebounded towards $82 a barrel, gold finished little changed at $2,172 per ounce, and the VIX ticked above 13.


SPY ETF 10 Minute Chart
SPY ETF 10 Minute Chart

ES_F Futures 5 Minute Chart
ES_F Futures 5 Minute Chart

ES_F Futures 5 Minute Chart End of Day
ES_F Futures 5 Minute Chart End of Day

THIS PORTION OF THE REPORT IS SOLELY TO PREMIUM MEMBERS OF ALGOTRADEALERT

 

Want to read more?

Subscribe to algotradealert.com to keep reading this exclusive post.

Comentarios

No se pudieron cargar los comentarios
Parece que hubo un problema técnico. Intenta volver a conectarte o actualiza la página.
bottom of page