U.S. stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on Friday, as investors are waking up to the reality that the economic effects of the Iran war — now entering its fifth week — are likely to last longer than first expected.
U.S. stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on Friday, as investors are waking up to the reality that the economic effects of the Iran war — now entering its fifth week — are likely to last longer than first expected.
Pavel_Chag/iStock via Getty Images Northrop Grumman ( NOC ) and the U.S. Air Force have begun testing a prototype launch silo component for the Sentinel intercontinental ballistic missile program, marking an early step in efforts to modernize the country’s land-based nuclear systems. Senior leadership from the U.S. Air Force, Northrop Grumman and Bechtel broke ground on a launch silo prototype for...
Pavel_Chag/iStock via Getty Images Northrop Grumman ( NOC ) and the U.S. Air Force have begun testing a prototype launch silo component for the Sentinel intercontinental ballistic missile program, marking an early step in efforts to modernize the country’s land-based nuclear systems. Senior leadership from the U.S. Air Force, Northrop Grumman and Bechtel broke ground on a launch silo prototype for Sentinel launch silos. (Northrop) The prototype focuses on a newly designed launch tube, a central element of a modular silo concept being developed with construction partner Bechtel . The design is intended to simplify construction, reduce long-term costs and improve maintenance as the military prepares to deploy hundreds of new missile silos. According to an announcement on Friday, construction of the prototype began within months of initial approval, with the goal of evaluating both the structural design and the feasibility of building the system at scale. The effort is part of a broader plan to replace aging infrastructure tied to the current ground-based nuclear deterrent. The Sentinel program is expected to eventually support about 450 launch sites and is designed to remain operational for decades. Officials say the updated silo approach could shorten development timelines and streamline production, though the full impact on cost and schedule remains to be determined. Company executives said the prototype will help validate construction methods and reduce risks before wider deployment. The project is one of several initiatives aimed at updating the U.S. nuclear triad, which includes land-based missiles, submarines and strategic bombers. More on Northrop Grumman Northrop Grumman Corporation (NOC) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript Northrop Grumman: The Indispensable Industrial Capacity Moat Northrop Grumman: Underwhelming Growth Today, F/A-XX Win Could Change The Story Northrop Grumman wins $127M U.S. Navy deal for 28 Coyot...
The S&P 500 has delivered more downs than ups in recent weeks, as a variety of uncertainties have weighed on investors' minds -- from questions about the artificial intelligence (AI) growth opportunity to the war in Iran. This is a complete turnaround from the market situation that's reigned over the past three years. During that time, investors piled into AI stocks, excited about growth prospects...
The S&P 500 has delivered more downs than ups in recent weeks, as a variety of uncertainties have weighed on investors' minds -- from questions about the artificial intelligence (AI) growth opportunity to the war in Iran. This is a complete turnaround from the market situation that's reigned over the past three years. During that time, investors piled into AI stocks, excited about growth prospects, and the optimism spread to other growth stocks -- this helped the S&P 500 soar to multiple record highs and deliver a total gain of more than 78% over the past three calendar years. As the market roared higher, it may have seemed much more tempting to invest than it does right now. But, even though this may sound strange, it actually is a better idea to get in on the market when times are tough than when stocks are on the rise. Here's why buying the market dip right now could be the best financial decision of 2026. Continue reading
The ongoing Strait of Hormuz blockade has already translated into higher gas prices across the country, and those prices should continue to climb if a speedy resolution isn't achieved. Higher oil prices also increase the cost of other commodities , like fertilizer. Fertilizer production requires a lot of natural gas, the price of which goes up in tandem with oil. The blockade had left more than 1 ...
The ongoing Strait of Hormuz blockade has already translated into higher gas prices across the country, and those prices should continue to climb if a speedy resolution isn't achieved. Higher oil prices also increase the cost of other commodities , like fertilizer. Fertilizer production requires a lot of natural gas, the price of which goes up in tandem with oil. The blockade had left more than 1 million tons of fertilizer stuck in the Gulf, according to a March 13 report, and farmers are already being hit by a shortage. Here are three stocks to watch as the conflict in the Middle East continues. Continue reading
The U.S. reportedly is making plans for Iran war ground operations. The stock market is already at six-month lows with oil prices at $100. Tesla deliveries loom.
The U.S. reportedly is making plans for Iran war ground operations. The stock market is already at six-month lows with oil prices at $100. Tesla deliveries loom.
"Green-Dot Sunday" Is Non-Negotiable: Oil Up, Stocks Down As War Begins 2nd Month As last week wore on, it felt increasingly like the market was transitioning from pricing inflation risk (from a 'brief' energy supply shock) to weighing a demand-shock-driven growth scare (from a longer lasting disruption) as bonds rallied in the face of higher oil and lower stocks (stagflation). Last week saw three...
"Green-Dot Sunday" Is Non-Negotiable: Oil Up, Stocks Down As War Begins 2nd Month As last week wore on, it felt increasingly like the market was transitioning from pricing inflation risk (from a 'brief' energy supply shock) to weighing a demand-shock-driven growth scare (from a longer lasting disruption) as bonds rallied in the face of higher oil and lower stocks (stagflation). Last week saw three attempts at unilateral de-escalation (5-day delay, 'ceasefire' proposal, 10-day delay) met with even more supply as the apparent 'Trump Put' or 'TACO' trade is losing its power. Simply put, as Goldman's Shreeti Kapa noted last week, the answer to everything depends on one binary variable: the duration of the war. That in turn depends if there will be safe transit of oil vessels through the Strait of Hormuz. Even if the strait is opened, would we be able to restore oil flows to pre-conflict levels? What is the guarantee for safe passage? Can any ceasefire be trusted? For how long would that hold? This weekend gave us no answers to those questions but did suggest, as Goldman's head of equity execution, Brian Garrett, described: the situation is fluid. Iran says electricity facilities were attacked in Tehran IDF says currently striking Iran targets across Tehran Foreign ministers of regional countries seeking peace & offramp in Pakistan meeting on Sunday. Iran destroyed US AWACS jet at Saudi Airbase Report says Pentagon has been weeks in preparing ground operations as initial Marines arrive in region (WaPo). Fluid indeed... Here's how Garrett started his "weekend" prep note: "the quotation marks around weekend are intentional ... ...investors and traders have not had a break in months, with “Green Dot Sunday” turning from a one-off into a 2026 non-negotiable ... ...t he forthcoming three day “weekend” for US markets is almost unwelcome as the market holiday just means another news/headline session coupled with zero price discovery and zero liquidity." The feedback from variou...
Oil advanced as Iran-backed Houthi militants in Yemen entered the Middle East war and more US troops arrived in the region, raising fears of escalation and threatening further tumult for energy markets. Brent — on track for a record monthly gain — rose as much as 3.3% to $116.50 a barrel after the Houthis fired missiles and drones at Israel over the weekend, and said they would continue operations...
Oil advanced as Iran-backed Houthi militants in Yemen entered the Middle East war and more US troops arrived in the region, raising fears of escalation and threatening further tumult for energy markets. Brent — on track for a record monthly gain — rose as much as 3.3% to $116.50 a barrel after the Houthis fired missiles and drones at Israel over the weekend, and said they would continue operations until attacks on the Islamic Republic and its proxy militant groups cease. West Texas Intermediate climbed as much as 3.4%. While the Houthis didn’t say they would target vessels transiting through the southern Red Sea and the Bab El-Mandeb Strait, they have the capability to do so. The Saudi Arabian port of Yanbu — which the kingdom is using to bypass Hormuz for its oil exports — is also well within the range of Houthi missiles. Brent has surged more than 50% in March as the war between the US, Israel and Iran has upended global markets . The conflict has entered its fifth week and is showing no sign of abating despite a diplomatic push by Washington last week and separate peace talks over the weekend in Pakistan. Iran has choked off all but a fraction of the traffic passing through the Strait of Hormuz, the waterway that links the Persian Gulf to global markets. Tehran has moved to formalize its control of artery, barring most vessels, while allowing a handful to pass, including from Pakistan , Thailand and Malaysia. The Washington Post reported the Pentagon is preparing for weeks of ground operations in Iran , citing US officials, but senior Trump administration staff, including Secretary of State Marco Rubio, have downplayed such a move. Still, the arrival of about 3,500 sailors and Marines has the market on edge about escalation. The Strait of Hormuz Oil Shock Is Now Heading West Strikes Continue as Houthis Join Iran War, US Troops Arrive Saudi Pipeline to Bypass Hormuz Hits 7 Million Barrel Goal The involvement of the Houthis presents a new risk for crude markets. Th...
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Friday, March 27, 2026. Michael Nagle | Bloomberg | Getty Images U.S. equity futures fell on Sunday evening as investors kick off a holiday-shortened week of trading. Futures tied to the Dow Jones Industrial Average dropped 293 points, or 0.7%. S&P 500 futures and Nasdaq 100 futures 0.6% and 0.7%, respectively. The...
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Friday, March 27, 2026. Michael Nagle | Bloomberg | Getty Images U.S. equity futures fell on Sunday evening as investors kick off a holiday-shortened week of trading. Futures tied to the Dow Jones Industrial Average dropped 293 points, or 0.7%. S&P 500 futures and Nasdaq 100 futures 0.6% and 0.7%, respectively. The three major averages sank on Friday . The Dow Jones Industrial Average tumbled 793.47 points to 45,166.64. The S&P 500 dropped 1.67% to a seven-month low of 6,368.85, notching its fifth-straight weekly decline. The Nasdaq Composite declined 2.15% to 20,948.36. The Dow losses pulled it into correction territory, joining the Nasdaq, which entered a correction the day before. As the war in Iran stretches into a fifth week, investors who had been hopeful for a quick resolution are growing increasingly uneasy about the real-world fallout from the conflict. "If you look at the degree of the downside and how correlated all those stocks have been, it's likely that we are throwing the baby out with the bathwater," said Cameron Dawson, chief investment officer at NewEdge Wealth, said on CNBC's Closing Bell: Overtime. "So it's a great opportunity to be sharpening the pencils to say, what are the areas that will be more immune to something like AI disruption and are on sale — not just because of AI fears, but also because of these war fears." The market will be closed on Friday in observance of Good Friday, although the March jobs report is still scheduled for release that morning. Investors will also be scrutinizing the Job Openings and Labor Turnover Survey (JOLTS) and the ADP Employment Survey due out earlier in the week. On the earnings front, Nike, McCormick & Co. and Conagra Brands are set to report in the week ahead. 9 Min Ago Stock futures open lower U.S. equity futures slid on Sunday evening. Futures tied to the Dow Jones Industrial Average dropped 293 points, or 0.7%. S&P 50...
Professor Kenneth Rogoff of Harvard University has repeatedly warned that the US dollar is approaching a crisis of legitimacy. Having written extensively on the global recession in the late 2000s, Rogoff has turned his focus to the US currency’s increasingly unstable place at the top of the world’s financial hierarchy. A former chief economist at the International Monetary Fund and a chess grandma...
Professor Kenneth Rogoff of Harvard University has repeatedly warned that the US dollar is approaching a crisis of legitimacy. Having written extensively on the global recession in the late 2000s, Rogoff has turned his focus to the US currency’s increasingly unstable place at the top of the world’s financial hierarchy. A former chief economist at the International Monetary Fund and a chess grandmaster, he published Our Dollar, Your Problem in May last year. In this interview, Rogoff elaborates...