Updated Tue, March 10, 2026 astatine 4:18 AM CDT 1 min read
US banal futures roseate aboriginal Tuesday aft a turbulent league successful which equities staged a crisp rebound aft plummeting against soaring lipid prices.
Dow Jones Industrial Average futures (YM=F) enactment connected 0.2%. Contracts connected the S&P 500 (ES=F) and the Nasdaq 100 (NQ=F) besides slipped astir 0.2%.
CME - Delayed Quote USD
6,830.50 +29.50 (+0.43%)
As of 5:10:20 AM EDT. Market Open.
ES=F NQ=F YM=F
A swift diminution successful lipid prices connected Monday followed comments from Trump suggested that the warfare with Iran had mostly concluded. Speaking to CBS News, Trump said the warfare was “very complete, beauteous much,” adding that opposing forces had efficaciously mislaid their naval and aerial capabilities. Trump besides said that helium believes the warfare is "very far" up of the four-to-five week subject timeline that was initially suggested.
Oil markets reacted swiftly. West Texas Intermediate (CL=F) crude fell to astir $88 a tube astatine past cheque aft concisely surging supra $119 overnight Sunday. Meanwhile, Brent (BZ=F) crude retreated to astir $92 per barrel.
Energy ministers from G7 countries are scheduled to clasp a virtual gathering Tuesday greeting to sermon whether to merchandise the International Energy Agency's strategical petroleum reserves.
Looking up to user data, a raft of ostentation releases are owed this week. February’s speechmaking of the Consumer Price Index is owed Wednesday, followed by January’s Personal Consumption Expenditures scale connected Friday. Neither study volition relationship for the caller spike successful lipid prices.
On the firm front, investors person eyes connected upcoming earnings. Oracle (ORCL) is scheduled to study Tuesday, portion Adobe (ADBE) is owed to merchandise results Thursday.
LIVE 3 updates
Good lipid illustration from Goldman
A caller illustration this greeting from Goldman Sachs caught my attraction with lipid prices continuing to slide. It appears determination is immoderate lipid making it done the Strait of Hormuz.
Oil drops aft historical spike arsenic Trump points to extremity of Iran war
Bloomberg reports:
Read much here.
Gold holds arsenic Trump comments connected the extremity of US-Israeli warfare against Iran settles markets
Bloomberg reports:
Read much here.

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