Nasdaq, S&P 500 Hit 6-Month Lows As Recession Fears Grow: What's Driving Markets Monday?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
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Source: Benzinga
Market Performance: Stocks continued to decline, with the Nasdaq 100 experiencing the largest drop, as concerns over the U.S. economy and potential recession grew, particularly following comments from President Trump and Fed Chair Jerome Powell regarding economic uncertainty.
Sector Movements: Natural gas futures rose due to cold weather and supply constraints, while major tech stocks like Tesla and Palantir saw significant losses; Redfin's shares surged after being acquired by Rocket Companies in a $1.75 billion deal.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
