Mar 13, 2026 | Markets
Technology giants entered a correction on Friday as the war in Iran continued to escalate and oil closed above above $100 a barrel once again. Bloomberg’s gauge for the Magnificent Seven closed 1.6% lower, putting the group of mega-cap names — including Nvidia...
Mar 13, 2026 | Markets
European stocks whipsawed on Friday, ultimately ending the week lower, as oil prices moved back above $100 a barrel and traders reduced risk ahead of the weekend. The Stoxx Europe 600 closed 0.5% lower, notching the index’s first back-to-back weekly declines this...
Mar 13, 2026 | Markets
Chinese zinc smelters are facing disruptions to shipments of raw materials from Iran, putting further strains on supplies after lower-than-expected deliveries from a major new mine in Russia. Both Iran and Russia mainly ship their zinc concentrates — a form of...
Mar 13, 2026 | Markets
The spike in oil prices and growing concerns around private credit are causing market activity to resemble the lead-up to the global financial crisis, according to Bank of America’s Michael Hartnett. The strategist flagged how oil doubled to $140 a barrel by August...
Mar 13, 2026 | Markets
US consumer sentiment declined to a three-month low as fears mounted in recent weeks about the impact on gasoline prices from the war with Iran. The preliminary March sentiment index dropped to 55.5 from 56.6 in February, according to the University of Michigan. The...
