Flash
U.S. stocks threaten to hit their longest weekly decline since 2022, as the weekend approaches, traders are betting cautiously
On March 27, as traders became increasingly uneasy about the protracted war in the Middle East, the U.S. stock market was heading for its longest consecutive weekly decline since 2022, and bonds of various countries fell together. At 8:25 in New York, S & P 500 futures fell 0.4%, and the benchmark index is expected to fall for the fifth consecutive week. Nasdaq 100 futures fell 0.6%, while Dow futures fell 0.4%. Amélie Derambure, multi-asset portfolio manager at Amundi, said: "After President Trump's remarks raised several hopes but were quickly shattered, the market is now demanding higher policy statements." The 'TACO deal' is even more difficult now because it is impossible for the situation to go back to square one."