Daily Market Report

US stocks fell for a third consecutive day on March 12, 2026, as Brent crude surpassed $100 per barrel amid escalating Middle East tensions. The Dow dropped 739 points (-1.56%), the S&P 500 fell 1.52% to 6,672.62, and the Nasdaq declined 1.78%. The Federal Reserve is expected to hold rates steady at its March 18 meeting.

U.S. equity markets faced broad pressure on March 11, 2026, as surging crude oil prices driven by Iranian attacks on shipping in the Strait of Hormuz rattled Wall Street. The Dow fell 0.61% while the S&P 500 edged down 0.08%. Oracle surged 9.18% on strong AI cloud earnings, and the IEA authorized a record 400-million-barrel emergency oil reserve release.

Wall Street closed Tuesday in a cautious holding pattern as investors navigated conflicting signals from the U.S.-Iran conflict, oil price volatility, and Oracle's strong earnings beat. The S&P 500 fell 0.21% to 6,781.48 while the Nasdaq held flat. February CPI data is due Wednesday morning.

U.S. equity markets staged a dramatic reversal on March 9, 2026, erasing steep morning losses to close solidly higher after President Trump signaled the Iran conflict may be nearing resolution. Oil prices swung from $119 to $85 per barrel in the session's most volatile trading since the pandemic era.

Global equity markets fell sharply on March 9, 2026, as Brent crude surged above $110 per barrel amid the effective closure of the Strait of Hormuz, while a shocking February jobs report showing a loss of 92,000 positions raised stagflation fears. The S&P 500 declined 1.33%, the Nasdaq fell 1.59%, and the VIX spiked 24% as investors sought protection against further downside.