Wall Street Stumbles: Disastrous Jobs Report and Surging Oil Prices Trigger Sharp Sell-Off

U.S. equity markets faced intense selling pressure on Friday, March 6, 2026, as a combination of a shocking contraction in the labor market and escalating geopolitical tensions in the Middle East sent investors fleeing toward safe-haven assets. The trading session was dominated by a "risk-off" sentiment, marking the conclusion of what has become Wall Street's worst weekly performance in several months.Major Market Indexes Performance RecapThe major market indexes spent the entire session in negative territo ...