Stock Market Update Monday March 10, 2025

Stock Market Update – Monday, March 10, 2025 The ongoing market sell-off accelerated today, compounding two weeks of heavy losses and fueling concerns of a broader economic downturn. Whether this signals seller exhaustion or merely a pause before further downside remains uncertain.

Here’s the damage across major indices:

• S&P 500 (SPX): -2.7%

• Nasdaq 100 (QQQ): -3.8% (worst session since 2022)

• Russell 2000 (IWM): -2.7%

Confirming that this is now a full-fledged recession scare, the U.S. 10-year Treasury yield declined 9 basis points to 4.23%, signaling a rush to safety. Crude oil continued its downward trajectory, falling -1.6%, reflecting concerns about slowing global demand. Meanwhile, the Cboe Volatility Index (VIX) surged near 30, closing at 28, as fear permeated the markets.

Adding to risk-off sentiment, Bitcoin (BTC) slipped below the $80,000 mark, further highlighting investor unease. While a macro-driven resolution remains necessary for a sustained recovery, violent countertrend rallies cannot be ruled out given the recent oversold conditions.

Away From Stocks:

The bond market reflected a clear risk-off trade, with Treasury yields dropping across the curve:

• 2-Year Treasury Yield: 3.89%

• 30-Year Treasury Yield: 4.54%

Commodities followed suit, with WTI crude nearing fresh 52-week lows, settling just below $66 per barrel amid concerns of weakening demand. Meanwhile, gold edged lower to $2,887 per ounce, and Bitcoin suffered another leg down, settling at $79,000. The VIX spiked 4.5 points, reflecting heightened volatility expectations.

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