On March 17, global markets shifted positively with gains across both Asia and Europe while U.S. markets also closed in the green. This uptick stems from investor confidence as shares rebound after a challenging period of losses.

However, underlying economic data reveals caution, particularly with factory activity in New York experiencing a significant drop. Additionally, homebuilder sentiment has waned, largely due to rising costs linked to tariffs. Traders must remain vigilant as these factors could influence market dynamics moving forward.