The S&P 500 Index ($SPX) (SPY) Thursday closed down -0.22%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.30%. March E-mini S&P futures (ESH25) are down -0.20%, and March E-mini Nasdaq futures (NQH25) are down -0.25%.
Stock indexes on Thursday settled moderately lower on uncertainty over the economic outlook due to US trade policies. Stagflation concerns also undercut stocks after the FOMC cut its 2025 US GDP forecast on Wednesday and raised its 2025 inflation forecast. In addition, stocks were also pressured due to negative carryover from a slide in European stocks Thursday when ECB President Lagarde said US tariffs had raised uncertainty over the economic outlook.
