US EditionWall Street closes lower, posts weekly loss as war on Iran fuels inflation worries
U.S. stocks fell amid the largest global oil supply disruption ever recorded by the International Energy Agency, raising inflation concerns and dampening hopes for Federal Reserve rate cuts.
- On March 13, 2026, U.S. stocks closed lower, capping a volatile week as all three major indexes logged daily and weekly declines and the Russell 2000 hit its lowest close this year.
- The International Energy Agency said the war risks the largest-ever disruption to global crude supply, with traffic through the Strait of Hormuz—handling about 20% of the world's petroleum—effectively halted.
- Front-Month WTI futures settled at $98.71, up 3.11%, while Brent crude rose 2.67% to $103.14, pushing the Dow Jones Industrial Average down 119.38 points on Friday.
- With inflation fears rising, the U.S. Federal Reserve was expected to leave its key interest rate unchanged next week as the S&P 500 financial sector fell 3.4% and utilities gained.
- Despite the Iran war and stocks hitting 2026 lows, analysts expect Nvidia's GTC conference March 16 to 19 to support the market, with WTI set to return to $65-$75, Rothschild & Co. Redburn analyst Timm Schulze-Melander said.
17 Articles
17 Articles
The Trump-Led Iran War Can Lead to a Triple Whammy for the Federal Reserve -- and the Stock Market May End Up Paying the Price
Key PointsAlthough the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have soared in recent years, things may not be as rosy for Wall Street as these indexes suggest.The Iran war may bring the Fed's rate-easing cycle to a halt, which would be a devastating blow for a historically expensive stock market.Furthermore, historic divisions within the FOMC, coupled with a pending change in Fed chair, put the nation's central bank (and Wall…
Times of India
The Economic TimesUS Stocks | US stocks end lower, post weekly loss as war on Iran fuels inflation worries
Indian markets mirrored global trends as US stocks closed lower. Volatile crude oil prices, influenced by the Iran conflict, impacted equities. Investors are closely watching global oil supply dynamics. Economic indicators showed mixed signals, with inflation remaining a concern. The US Federal Reserve is expected to maintain interest rates. This situation creates uncertainty for market participants.
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