Morning Market Review – March 6, 2025

Yesterday’s trading review

The last trading day closed with sharp increases in most global markets, with US stock indexes recording significant increases led by technology and financial stocks. European indexes also showed a positive trend with notable increases in the DAX and STOXX 50 indexes, while Asian markets traded in a mixed trend.

Key indicators:

• The S&P 500 rose 1.12% to 5,842.63 points .
• Dow Jones rose 1.14% to 43,006.59 points .
• Nasdaq led the gains with a 1.46% increase to 18,552.73 points .
• The German DAX jumped 3.38% , indicating investor confidence in Europe.
• Hong Kong’s Hang Seng rose 2.64% , reflecting a resurgence in the Chinese technology sector.
• The Tel Aviv-35 index rose by 1.14% to a level of 2,479.64 points , with a trading turnover of approximately 1.3 billion NIS .

Commodity and currency market:

• Crude oil rose 0.69% and traded at $66.77 per barrel .
• Gold remained virtually unchanged at $2,925.70 an ounce .
• The US dollar weakened slightly against the euro, with EUR/USD trading at 1.0805 (+0.09%).

Crypto:

• Bitcoin (BTC-USD) continued to rise sharply and is now trading at $92,300 , up 6.13% .
• Ethereum (ETH-USD) rose 5.65% and traded at $2,294 .
• Ondo (ONDO-USD) stood out with a jump of 21.8% .

Forecast for today (March 6, 2025)

Market sentiment:

The outlook for today is mainly positive, with continued upward momentum following encouraging macro data and the publication of strong reports from technology companies. However, attention is being drawn to US employment data to be released later today, which may affect the Fed’s interest rate path.

The main factors expected to affect trade:

1. The technology sector’s continued recovery – stocks like NVIDIA, Alibaba, and Palantir stood out yesterday, and are expected to attract interest today as well.
2. Crypto market strengthens – continued gains in Bitcoin may support crypto-related stocks like Coinbase and MicroStrategy.
3. Reports from major companies – Today, results from Oracle, Broadcom, and CrowdStrike will be published that may affect the technology sector.
4. Fed policy – ​​interest rates remain relatively high, but a slight moderation in inflation may strengthen expectations for an interest rate cut in the second half of the year.

Forecast for the main indicators:

• S&P 500 and Nasdaq futures point to a positive opening.
• In Europe, the expectation is for a stable to positive opening after yesterday’s sharp increases.
• In Asia, the trend is mixed as the Chinese market continues to recover, while the Japanese Nikkei is stable.

Summary

Stock markets had a positive trading day yesterday, led by the technology sector. Today, investors are expected to continue to monitor macro data, with crypto market trends and the impact of major corporate reports influencing trading direction.

Have a successful day and smart trading! 🚀 📈

If you would like any additions or special highlights, let me know!