US stock market Dow Jones, S&P 500 and Nasdaq crash today biggest losers and gainers: Here's complete list, Analysts insights, market outlook and what should investors do now
The Economic Times·2026-03-03 16:35

Core Viewpoint - The US stock market experienced a significant downturn, with the Dow Jones, S&P 500, and Nasdaq all declining sharply due to rising oil prices and geopolitical tensions, particularly related to Iran and the Strait of Hormuz [1][17]. Market Performance - The Dow Jones Industrial Average fell by 1,048 points, or 2.1%, while the S&P 500 and Nasdaq Composite dropped by 2% and 2.1%, respectively [7][19]. - Declining stocks outnumbered advancing stocks by 14.21-to-1 on the NYSE and 8.21-to-1 on Nasdaq, indicating broad market weakness [13][19]. Biggest Losers - Airlines were heavily impacted, with United Airlines down about 5%, American Airlines down 4.4%, and Delta Air Lines down 4% due to increased fuel costs [2][11]. - Blackstone's shares fell by 7.7% following withdrawal pressures on its credit fund [2][12]. - MongoDB experienced a significant drop of 26.3% after forecasting profits below estimates [2][12]. Biggest Gainers - Target was a standout gainer, rising approximately 4.4% after reporting quarterly profits above expectations and providing a positive forecast [3][19]. - Defensive stocks showed stable trading as investors sought safety, although overall gainers were limited [3][19]. Oil Price Impact - Oil prices approached $100 per barrel, with Brent crude rising 7.5% to $83.58 and U.S. crude gaining 7.6% to $76.64, raising inflation concerns [8][9]. - Gasoline prices in the U.S. increased by 11 cents overnight to $3.11 per gallon, contributing to inflationary pressures [9][19]. Federal Reserve Outlook - Expectations for a Federal Reserve rate cut have shifted to September from July, with a potential 25-basis-point cut anticipated [14][19]. - Higher oil prices complicate policy decisions as inflation remains above target, influencing market sentiment [14][15]. Analyst Insights - Analysts are focusing on oil prices, inflation, and Federal Reserve policy, with concerns that sustained crude oil prices above $100 could delay interest rate cuts [15][19]. - Market volatility is expected to remain high, particularly in response to geopolitical developments and credit market fluctuations [15][16].

Nvidia-US stock market Dow Jones, S&P 500 and Nasdaq crash today biggest losers and gainers: Here's complete list, Analysts insights, market outlook and what should investors do now - Reportify