Analysis of Major Financial Events in the US Stock Market in March: Key Timing and Market Impact

In March 2025, the US stock market welcomed a series of major financial events, covering macroeconomic data, Central Bank policy trends, and major corporate press conferences, which had a significant impact on market sentiment and investment opportunities. Here are the key events worth following this month and their potential market impact.

Source: Futu Bull

On March 5th, Trump addressed a joint session of Congress.

Trump will deliver a speech in Congress, which is one of the important speeches during his second term. The market expects him to elaborate on key issues such as economic policies, fiscal expenditures, and trade with China. Trump's policy stance may affect market sentiment, especially regarding the policy direction of technology, energy, and manufacturing. In addition, the US February ADP employment figures will also be released that day, which serves as a leading indicator for non-farm employment data.

March 7th: US February Non-Farm Payrolls & Unemployment Rate

Non-farm payroll data and unemployment rate are important indicators for measuring the health of the US economy. If the data is strong, it may further consolidate the expectation of the Fed maintaining high interest rates, leading to short-term pressure on the US stock market; conversely, if the data falls short of expectations, the market may anticipate an earlier rate cut by the Fed, driving a rebound in the stock market.

March 9: Daylight Saving Time starts in North America

US stock trading hours will be advanced by 1 hour, which will affect the trading pace of global investors, especially investors in Asian and European markets who need to adjust their trading strategies. In addition, daylight saving time usually accompanies changes in market liquidity, which may cause short-term fluctuations.

March 12-13: US February CPI & PPI Data

The Consumer Price Index (CPI) released on March 12 will affect market expectations for inflation. If inflation cools, the Federal Reserve may be more inclined to cut interest rates; if CPI exceeds expectations, it may undermine the expectation of rate cuts, leading to higher interest rates or suppressing market risk appetite.

The PPI (Producer Price Index) data on March 13 is a leading indicator of corporate cost pressure, which affects the market's assessment of future corporate profitability and thus affects stock price performance.

March 17-21: NVIDIA GTC Conference

NVIDIA will hold the GTC (GPU Technology Conference), which is usually an important indicator for the AI and chip industry. Investors are looking forward to NVIDIA releasing new AI chips, computing platforms, and software ecosystems, which may affect the performance of NVIDIA and the entire technology sector. Especially as the current market's enthusiasm for AI remains high, the news of the GTC conference may drive the trading enthusiasm for AI concept stocks in the market.

March 19: Huang Renxun delivers a keynote speech

NVIDIA CEO Huang Renxun will deliver a keynote speech, possibly announcing a new generation of GPUs, AI computing platforms, or partnerships. This may directly impact NVIDIA's stock price, and even affect the investment sentiment of the entire technology sector. If NVIDIA brings groundbreaking technological advancements, the market may see a new wave of AI-related investment frenzy.

March 20: Federal Reserve Interest Rate Decision & Economic Forecast Summary

The Federal Reserve will announce its latest interest rate decision and economic forecasts, while Federal Reserve Chair Powell will hold a press conference. The market will closely follow whether the Federal Reserve adjusts its interest rate policy, especially for hints on the rate-cut path in 2025. If the Federal Reserve maintains a hawkish stance, the market may come under short-term pressure; if it turns dovish, technology stocks and growth stocks may receive a boost.

March 25th: Apple Developer Event

Apple will hold a developer event with the theme of 'Exploring Apple's intelligence and machine learning in depth.' Investors are looking forward to Apple possibly announcing new AI technologies, chip optimizations, or generative AI-related products. This may affect the performance of Apple and related supply chain stocks, especially chip, software, and hardware manufacturers.

March 28: US February PCE Data

PCE (Personal Consumption Expenditures) is one of the most followed inflation indicators by the Federal Reserve. This data will further influence market expectations for future interest rate policies. If the PCE data shows a decline in inflation, the Federal Reserve may have more room for interest rate cuts, which would be beneficial for the stock market; conversely, if inflation remains high, the market may once again price in interest rate risks.

Summary: Key market nodes, follow policy and technology sector trends

This month's financial events cover the Federal Reserve's policies, economic data, major tech company conferences, etc. Investors should closely follow policy trends and industry development trends.

If economic data supports expectations of interest rate cuts, technology stocks and growth stocks may lead the gains.

If inflation stubborn or job market strong, interest rates remain high, the market may come under pressure.

NVIDIA GTC and Apple Developer Conference could be a catalyst for AI and tech stocks.