🌍 Morning Market Overview – March 21, 2025

Global equity markets closed in negative territory on Thursday, reflecting ongoing investor concerns around inflationary pressures, interest rate expectations, and volatility in the tech and crypto sectors.

🇺🇸 United States – Mild Pullback Across Major Indices:

• S&P 500: 5,662.89 ▼ -0.22%
• Dow Jones: 41,953.32 ▼ -0.03%
• Nasdaq: 17,691.63 ▼ -0.33%
• Russell 2000: 2,068.63 ▼ -0.65%
• VIX (Volatility Index): 19.80 ▼ -0.50% – A slight drop, yet still elevated.

Technology stocks remain under pressure, while energy and healthcare sectors provided relative strength.

🇪🇺 Europe – Broad Selloff:

• DAX (Germany): 22,999.15 ▼ -1.24%
• CAC 40 (France): 8,094.20 ▼ -0.95%
• EURO STOXX 50: 5,450.93 ▼ -1.02%
• FTSE 100 (UK): 8,701.99 ▼ -0.05%
• EUR Index: 108.54 ▼ -0.45%
• GBP Index: 129.73 ▼ -0.20%

European markets declined sharply as macroeconomic data pointed to continued stagnation and cautious outlooks from central banks.

🌏 Asia – Mixed Sentiment:

• Nikkei 225 (Japan): 37,735.07 ▼ -0.04%
• SSE Composite (China): 3,366.57 ▼ -1.24%
• Hang Seng (Hong Kong): 23,696.34 ▼ -2.16%
• S&P/ASX 200 (Australia): 7,931.20 ▲ +0.16%
• KOSPI (South Korea): 2,640.19 ▲ +0.12%
• BSE SENSEX (India): 76,841.53 ▲ +0.65%

Hong Kong and China led the losses due to continued pressure on the property and tech sectors, while India showed resilience.

💵 Currencies & Bonds:

• US Dollar Index (DXY): 104.07 ▲ +0.21%
• EUR/USD: 1.0836 ▼ -0.17%
• USD/JPY: 149.44 ▲ +0.46%
• USD/GBP: 0.7731 ▲ +0.28%

U.S. Treasury Yields:

• 10-Year Note: 4.233% ▼ -0.54%
• 2-Year Note: 3.943% ▲ +0.15%
• Yield curve remains inverted – signaling economic caution ahead.

🛢️ Commodities:

• Crude Oil (WTI): $68.30 ▲ +0.06%
• Brent Oil: $71.66 ▲ +0.27%
• Gold: $3,038 ▼ -0.19%
• Silver: $33.73 ▼ -0.77%
• Natural Gas: $3.90 ▼ -1.81%

Energy prices remained relatively stable, while precious metals saw light selling.

🇮🇱 Israel – Broad Market Decline:

• TA-35 Index: 2,501.73 ▼ -0.12%
• TA-90 Index: 2,679.68 ▼ -0.98%
• TA-125 Index: 2,531.37 ▼ -0.36%
• Bond Market: Slight gain in the All-Bond index (+0.01%), while CPI-linked bonds saw mild losses.

Total market turnover:

• Equities: ₪4.43B
• Bonds: ₪3.18B

🧬 Sector Performance (U.S. S&P 500):

🚀 Notable Stocks – Big Movers:

• Plus Therapeutics (PSTV): ▲ +170.06%
• Sunnova Energy (NOVA): ▲ +43.32%
• Micron (MU): ▲ +0.92%
• Accenture (ACN): ▼ -7.26%
• NIO Inc.: ▼ -8.90%
• Luminar Technologies (LAZR): ▼ -13.26%

₿ Crypto Market – Broad Weakness:

• Bitcoin (BTC): $84,084 ▼ -1.98%
• Ethereum (ETH): $1,973 ▼ -2.00%
• Solana (SOL): $128 ▼ -4.72%
• XRP: $2.40 ▼ -2.18%

📌 Bottom Line:

Markets remain cautious as investors digest macro headwinds, tech volatility, and shifting rate expectations. While energy and defensive sectors provide support, risk assets are under pressure. Eyes are now turning to next week’s key economic data and central bank commentary.