2 hours ago
1
Updated Tue, March 24, 2026 astatine 8:36 AM CDT 1 min read
US stocks opened little connected Tuesday, retreating aft a crisp rebound connected Wall Street driven by increasing optimism astir a imaginable easing of tensions betwixt Washington and Tehran.
The Dow Jones Industrial Average (^DJI) led the mode lower, dropping 0.8%. The S&P 500 (^GSPC) fell astir 0.6%, and the tech-heavy Nasdaq Composite (^IXIC) declined 0.5%.
SNP - Free Realtime Quote USD
6,526.91 -54.09 (-0.82%)
As of 9:50:03 AM EDT. Market Open.
^GSPC ^DJI ^IXIC
Oil prices fell sharply connected the quality of hostilities perchance winding down, but person since rebounded arsenic warring betwixt Iran and the US-Israeli confederation continued. West Texas Intermediate (CL=F) crude roseate 4%, backmost supra $90 a barrel, portion Brent (BZ=F) jumped backmost supra $103.
Markets soared Monday aft President Trump said the US had engaged successful “very bully and productive” discussions with Iran aimed astatine resolving hostilities. The affirmative sentiment faded somewhat aft Iranian authorities media pushed backmost connected the claim, saying that nary nonstop negotiations had taken place.
The developments followed a tense weekend, during which Trump warned of imaginable strikes connected Iranian vigor infrastructure if the Strait of Hormuz was not opened. Iran responded with threats targeting US assets, raising concerns astir further escalation.
Looking forward, investors volition crook their attraction to upcoming US manufacturing information owed Tuesday morning, arsenic good arsenic eyeing the extremity of net season, with GameStop (GME) owed to study aft the close.
LIVE 9 updates
Stocks unfastened little arsenic hostilities successful Iran continue
Stocks retreated astatine the unfastened connected Tuesday arsenic the hostilities successful the Middle East continued contempt hopes that an off-ramp was materializing astatine the opening of the week.
The Dow Jones Industrial Average (^DJI) declined 0.8%, portion the S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) fell 0.5%.
SNP - Free Realtime Quote USD
6,526.91 -54.09 (-0.82%)
As of 9:50:03 AM EDT. Market Open.
^GSPC ^DJI ^IXIC
Oil resumed its ascent higher. West Texas Intermediate (CL=F) crude roseate to $92 a barrel, portion Brent (BZ=F) topped $103. Gold (GC=F), meanwhile, fell to $4,374 an ounce.
The 10-year Treasury output (^TNX) besides precocious by 7 ground points to 4.40%, hovering astir its highest level since July of 2025.
It's a quiescent week for economical information and net reports. A preliminary speechmaking of S&P Global's US manufacturing PMI is owed retired aboriginal this morning, and GameStop (GME) reports quarterly results aft the bell.
Memory is Wall Street’s favourite tech commercialized arsenic 'Magnificent 7' disappoints
The representation and retention commercialized has remained beardown contempt a volatile commencement to the year.
Bloomberg reports:
Read much here.
War successful Iran complicates information halfway plans successful the region
Major tech companies had large ambitions to physique information centers successful the Middle East. But now, the warfare successful the portion is complicating that picture.
On Monday, Amazon Web Services said its region successful Bahrain has been "disrupted" owed to drone activity successful the Middle East.
This marks the 2nd clip since the outbreak of warfare successful Iran that Amazon's (AMZN) AWS was down successful the Bahrain portion owed to fighting. At the opening of the month, Iran targeted AWS facilities successful the UAE and Bahrain, raising questions astir Big Tech's plans to marque the Middle East a determination hub.
According to Constellation Energy Corp. CEO Joe Dominguez, now, the tensions successful the portion are shifting the absorption backmost to the US.
"One period ago, we would person said there's going to beryllium a reasonably important information halfway build-out successful the Middle East," Dominguez said during the CERAWeek, according to S&P Global. "Today, we aftermath up, and there's a question people arsenic to whether much captious infrastructure is going to beryllium built successful that portion of the world."
Premarket trending tickers: Smithfield Foods, Gilead, and Apollo
Smithfield Foods' (SFD) banal roseate 4% earlier the doorbell connected Tuesday pursuing the board's raising of the pork producer's quarterly dividend by 25%, to 31.25 cents from 25 cents.
Gilead Sciences (GILD) stock edged higher connected Tuesday during premarket hours aft it agreed to get the privately held biotech Ouro Medicines.
Apollo Global Management (APO) shares fell 2% aft a backstage recognition money capped withdrawals astatine 5%.
Jefferies rises aft Japan's Sumitomo explores buying the US concern bank
Jefferies Financial Group's (JEF) banal roseate 9% earlier the doorbell connected Tuesday pursuing quality that Japan's second-largest lender, Sumitomo Mitsui Financial Group, (SMFG) is moving connected plans for a imaginable takeover of Jefferies.
The FT reports:
Read much here.
Puig banal jumps aft Estée Lauder confirms takeover talks with Charlotte Tilbury maker
Estée Lauder (EL) announced connected Tuesday its program to get the Spanish quality radical Puig Brand (B1B.F), according to reports successful the Wall Street Journal. Puig Frankfurt listed shares roseate 8% earlier the doorbell contiguous pursuing the news.
The Wall Street Journal reports:
Read much here.
How the Fed has — and hasn't — responded to erstwhile lipid terms shocks
Yahoo Finance's elder newsman Jennifer Schonberger reports:
Read much here.
Gold falls for 10th consecutive time arsenic Iran warfare expands
Bloomberg reports:
Read much here.
Oil climbs connected fears of Iran warfare spreading to different nations successful region
Bloomberg reports:
Read much here.
English (CA) · 
English (US) · 
Spanish (MX) ·