Pre-Market Report – Monday 31 March: US markets stumble on inflation and tariffs | DHG agrees bid

Wall St sold off on Friday after new economic data reignited tariff driven stagflation concerns. Dow Jones down 401 points, closing on the low. S&P 500 down 2% and the Nasdaq down 2.7%. Discretionary stocks and Big Tech were hardest hit. Already in a sentiment low the mega-cap names fell. Microsoft (-3%), Apple (-2.7%), Amazon (-4.3%), Meta (-4.3%). Big Chips fared slightly better (still fell). They had underperformed all week. Financials, Materials and Defensives also dropped. Utilities were the only sector to finish in the green. REITs and Health Care near flat. For the week. S&P 500 down 1.5% and the Nasdaq down 2.6%.

SPI down 91 - DHG agrees bid 

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