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Markets Try To Break 4-Week Losing Streak

  • European markets are expected to decline, with Germany's DAX and France's CAC 40 projected to drop by 0.6% and 0.5%, respectively, as investors assess economic conditions.
  • The Bank of England stated that uncertainty from global trade policies has intensified, affecting market sentiment.
  • Major indices closed lower after four weeks of losses, with only 37% of stocks above their 50-day average.
  • Both Nike and FedEx provided pessimistic outlooks, reflecting ongoing consumer uncertainty and economic challenges, with FedEx's stock dropping 8% in premarket trading.
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Forbes broke the news in United States on Friday, March 21, 2025.
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