---
title: "Dow, Nasdaq, S&P 500 Mixed as Chinese Stocks Decline"
slug: dow-nasdaq-sp500-mixed-chinese-stocks-decline
date: 2025-03-21
modified: 2026-04-07
author: Prajwal Khairnar
excerpt: ""
meta_description: "Stock market update: Dow, Nasdaq, and S&P 500 show mixed trends while Chinese stocks drop. Key stock movements, trade talks, and economic concerns—read more"
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canonical_url: "https://blog.pickmytrade.trade/dow-nasdaq-sp500-mixed-chinese-stocks-decline/"
og_title: "Dow, Nasdaq, S&P 500 Mixed as Chinese Stocks Decline"
og_description: "Stock market update: Dow, Nasdaq, and S&P 500 show mixed trends while Chinese stocks drop. Key stock movements, trade talks, and economic concerns—read more"
og_image: "https://blog.pickmytrade.trade/wp-content/uploads/2025/03/image-4.jpg"
schema_type: Article
categories:
  - Economy
  - Stock Market
tags:
  - Dow Jones
  - Nasdaq
  - "S&P 500"
  - US Stock Market
reading_time: 2
word_count: 476
robots: "index, follow"
lang: en-US
---

# US Stock Markets Mixed; Chinese Stocks Decline Across the Board

On **Friday, Eastern Time**, the three major U.S. stock indexes showed mixed performance, reflecting **ongoing economic uncertainty and market volatility**.

- **Dow Jones Industrial Average:** ▼ 0.03%
- **Nasdaq:** ▲ 0.06%
- **S&P 500:** ▼ 0.13%

Meanwhile, **Chinese stocks fell sharply**, with the **Nasdaq Golden Dragon China Index** dropping **over 1%** as investors reacted to global economic concerns, trade tensions, and policy changes.

---

## Key Stock Movements

### Nike & FedEx Plunge Over 5%

**Nike (NKE) and FedEx (FDX) both fell more than 5%** after FedEx’s **Q4 sales guidance** missed expectations, raising concerns about slowing consumer demand.

### Novo Nordisk Falls Over 8%

**Novo Nordisk (NVO) tumbled more than 8%** after **lowering its profit forecast** for the year, citing **tariff-related challenges**.

### Eli Lilly Drops 2%

**Eli Lilly (LLY) fell over 2%** following the **launch of its weight-loss drug in India**, where it will face intense competition from local and international pharmaceutical companies.

---

## Global Market Updates

### Tariff Tensions & Central Bank Decisions

This week marked one of the most closely watched **central bank meetings** since **Trump’s second term** began. More than a dozen central banks—including the **U.S., UK, Japan, Switzerland, Sweden, and Brazil**—announced their interest rate decisions.

However, policymakers worldwide are adjusting strategies due to **inflation concerns linked to U.S. tariffs**.

### U.S. Agrees to WTO Talks with China & Canada on Tariffs

The U.S. has agreed to hold **consultations at the World Trade Organization (WTO)** with **China and Canada** regarding trade disputes. Over the past two weeks, Canada has **filed two complaints** against U.S. tariffs:

- **March 4** – Canada formally challenged U.S. tariffs at the WTO.
- **March 14** – Canada requested consultations on **U.S. steel and aluminum tariffs**.

Now, the U.S. has agreed to discuss these issues.

### Recession Warnings & Federal Reserve Criticism

Economic concerns are mounting as experts warn of a potential **U.S. recession**. On **March 19**, **Mark Zandi, Chief Economist at Moody’s**, stated that the **risk of a recession is rising**. He warned that if **Trump imposes reciprocal tariffs for 3–5 months**, it could be enough to **push the economy into a recession**.

Former U.S. Treasury Secretary **Lawrence Summers** also expressed concern over the **Fed’s recent slowdown in balance sheet reduction (QT)**, calling it a sign of **weak market demand for long-term federal debt**.

### Russia-Ukraine Peace Talks Progress

In a potential diplomatic breakthrough, the **U.S. has mediated negotiations** between **Russia and Ukraine**, resulting in a **temporary agreement**. Both sides have committed **not to attack each other’s energy infrastructure for the next 30 days**.

On **Thursday (March 20)**, **U.S. State Department spokesperson Tammy Bruce** stated that after **three years of war, Ukraine and Russia are now “one step away” from a complete ceasefire**.

---

## Conclusion

With **market volatility, trade tensions, Fed decisions, and geopolitical risks** in play, investors remain cautious about the global economic outlook.

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