{"id":48993,"date":"2025-03-07T12:01:40","date_gmt":"2025-03-07T12:01:40","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-today-nasdaq-in-correction-territory-as-trade-tensions-persist\/48993\/"},"modified":"2025-03-07T12:01:40","modified_gmt":"2025-03-07T12:01:40","slug":"stock-market-today-nasdaq-in-correction-territory-as-trade-tensions-persist","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-nasdaq-in-correction-territory-as-trade-tensions-persist\/48993\/","title":{"rendered":"Stock Market Today: Nasdaq in Correction Territory as Trade Tensions Persist"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-nasdaq-in-correction-territory-as-trade-tensions-persist\/48993\/#Market_Overview\" >Market Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-nasdaq-in-correction-territory-as-trade-tensions-persist\/48993\/#Trade_Policy_Uncertainties\" >Trade Policy Uncertainties<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-nasdaq-in-correction-territory-as-trade-tensions-persist\/48993\/#Upcoming_Market_Events\" >Upcoming Market Events<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-nasdaq-in-correction-territory-as-trade-tensions-persist\/48993\/#Major_Stock_News\" >Major Stock News<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-nasdaq-in-correction-territory-as-trade-tensions-persist\/48993\/#Global_Market_Shifts\" >Global Market Shifts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-nasdaq-in-correction-territory-as-trade-tensions-persist\/48993\/#Looking_Ahead\" >Looking Ahead<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Market_Overview\"><\/span>Market Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The stock market is experiencing significant turbulence as we enter Friday, March 7, 2025, with the tech-heavy Nasdaq Composite falling into correction territory. Investors are grappling with the ongoing trade policy uncertainties and their potential impact on U.S. economic growth.<\/p>\n<p>As of the latest trading session, the major indexes showed considerable losses:<\/p>\n<p>&#8211; The Nasdaq Composite dropped 2.61% to 18,069.26, entering correction territory after falling more than 10% from its December high.<cscitation citation_id=\"task_1__1\"><\/cscitation><br \/>&#8211; The <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> lost 1.78%, closing at 5,738.52.<cscitation citation_id=\"task_1__1\"><\/cscitation><br \/>&#8211; The <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average fell 0.99% to 42,579.08.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trade_Policy_Uncertainties\"><\/span>Trade Policy Uncertainties<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The market&#8217;s recent volatility is largely attributed to President Donald Trump&#8217;s unpredictable trade policies. Despite recent concessions, including a one-month delay on tariffs for goods from Canada and Mexico covered by the USMCA trade agreement, investors remain wary.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>Commerce Secretary Howard Lutnick&#8217;s comments about potential further delays in tariffs on Canadian and Mexican goods have added to the market&#8217;s uncertainty.<cscitation citation_id=\"task_1__3\"><\/cscitation> This constant shift in policy has left investors struggling to price in the potential impacts on future U.S. growth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_Market_Events\"><\/span>Upcoming Market Events<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>February Jobs Report<\/b><\/p>\n<p>The most anticipated event for Friday, March 7, is the release of the February jobs report at 8:30 a.m. ET. Economists polled by Dow Jones forecast:<\/p>\n<p>&#8211; Job growth of 170,000<br \/>&#8211; Unemployment rate to hold steady at 4%<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<p>This report is crucial as it could significantly influence market sentiment and potentially impact the Federal Reserve&#8217;s monetary policy decisions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Major_Stock_News\"><\/span>Major Stock News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>Tech Sector Woes<\/b><\/p>\n<p>The technology sector has been hit particularly hard in recent trading sessions. Major tech companies, including Microsoft (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MSFT\">MSFT<\/a>), Alphabet (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=GOOG\">GOOG<\/a>), Amazon (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AMZN\">AMZN<\/a>), Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>), and Meta (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=META\">META<\/a>), have seen their stocks struggle amid the broader market selloff.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<p><b>Marvell Technology (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MRVL\">MRVL<\/a>)<\/b><\/p>\n<p>Marvell Technology&#8217;s stock plunged around 20% following its fourth-quarter earnings report. Despite beating expectations with adjusted EPS of $0.60 and revenue growth of 27% year-over-year to $1.82 billion, the company&#8217;s outlook disappointed some investors.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<p><b>Super Micro Computer<\/b><\/p>\n<p>In more positive news, Super Micro Computer saw its stock surge over 20% in extended trading after submitting long-awaited financial filings to the SEC, including its updated and audited report for fiscal 2024 and statements for the first two quarters of fiscal 2025.<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_Market_Shifts\"><\/span>Global Market Shifts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Interestingly, while U.S. markets struggle, there&#8217;s a notable divergence in global stock performance:<\/p>\n<p>&#8211; European shares are up almost 9% year-to-date, reaching record highs.<br \/>&#8211; Tech stocks in Hong Kong have surged nearly 30% since the start of the year.<cscitation citation_id=\"task_2__3\"><\/cscitation><\/p>\n<p>This shift is partly due to changing investor sentiment towards U.S. assets and the emergence of strong technological competitors in other markets, particularly China.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Looking_Ahead\"><\/span>Looking Ahead<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As we move forward, market participants will be closely watching the February jobs report for indications of the U.S. economy&#8217;s health. Additionally, any developments in trade negotiations and policy announcements will likely continue to impact market sentiment.<\/p>\n<p>Investors are advised to stay vigilant and diversified in this volatile environment. The current market conditions underscore the importance of a well-balanced portfolio that can withstand short-term fluctuations while capitalizing on long-term growth opportunities across various global markets.<\/p>\n<p>In conclusion, the <a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">stock market today<\/a> reflects a complex interplay of domestic policy uncertainties, global economic shifts, and sector-specific challenges. As always, thorough research and a long-term perspective remain crucial for navigating these turbulent market conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview The stock market is experiencing significant turbulence as we enter Friday, March 7, 2025, with the tech-heavy Nasdaq [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94],"tags":[4,33,80,391,1374,3741],"class_list":["post-48993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-tsla","tag-msft","tag-goog","tag-amzn","tag-mrvl","tag-meta"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/48993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=48993"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/48993\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=48993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=48993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=48993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}