18/03/2025 Evening Reports
Wall Street Cautious Despite Market Rebound; Tariffs and Fed Uncertainty Loom
- After a steep decline of over 10% in the past month, the S&P 500 has rebounded for two straight sessions, rising 3%. However, Wall Street strategists remain cautious, warning that the sell-off may not be over.
- Deutsche Bank expects further declines before a long-term recovery, while Morgan Stanley notes that a sustained rally will depend on resolving economic headwinds and a shift in Federal Reserve policy.
- In housing data, US single-family homebuilding rebounded in February, surging 11.4%, but concerns over rising construction costs due to tariffs and labor shortages threaten the sector’s stability.
- While Trump suspended some tariffs on Canada and Mexico, levies on Chinese goods increased to 20%, and steel and aluminum tariffs took effect.
- The National Association of Home Builders reported a sharp decline in builder confidence, citing high material costs and supply constraints.
- With upcoming Federal Reserve decisions and looming tariff deadlines, market uncertainty remains high, keeping investors on edge despite the recent rebound.
Account Opening
Open A Live Account
CDO has wide range of tools, professional and friendly support for clients to achieve their financial markets trading goals. Open a live account now to enjoy this experience with virtual deposit.
Forex Mobile & Desktop App
CDO TRADER
CDO TRADER, our cutting-edge trading platform, follows the technology from the forefront with new features added continuously. Moreover, CDO TRADER is now available for Android and iOS! So it allows you to trade on the go!
