2025 New York Stock Market Drops Again! Nasdaq Down 1.7% Ahead of Fed Rate Decision—Why the Jitters?

 

 

2025 New York Stock Market Drops Again! Nasdaq Down 1.7% Ahead of Fed Rate Decision—Why the Jitters? 

#NewYorkStockMarket #FOMC2025 #NasdaqDrop #FedRate #TrumpTariffs

On March 18, 2025, the New York stock market slid back down! With the Fed’s rate decision just a day away, the two-day rebound fizzled out fast.

The Dow Jones dipped 0.62% to 41,581.31, the S&P 500 fell 1.07% to 5,614.66, and the Nasdaq took a 1.71% hit, closing at 17,504.12.

After dropping 10% from its peak last week, the S&P 500 had bounced back over the past two days—but not today. Investors are holding their breath for the FOMC outcome.

The Fed kicked off its FOMC meeting today, with results due March 19. Recession fears are swirling, and while a rate freeze seems locked in, all eyes are on Jerome Powell’s remarks and the updated economic outlook. Some expect two rate cuts this year!

Tech stocks got hammered. Tesla plunged 5.3% as China’s BYD unveiled a super-fast charging system, stoking EV competition worries.

Nvidia’s AI conference ‘GTC 2025’ kicked off, but its stock still dropped 3.4%. Palantir (-3.96%) and Broadcom (-2.99%) weren’t spared either.

Cruise line Royal Caribbean tanked 7.3% amid rising costs and weaker consumer vibes.

Experts say uncertainty—especially with Trump’s tariff plans dropping April 2—will keep markets choppy. “Tariff impacts and Fed moves are foggy, fueling fear,” they warn.

What will tomorrow’s Fed call mean for the market?