US stock market today (March 13, 2026): Wall Street slips amid Iran war oil shock; inflation worries, volatile trading keep investors cautious

Market Overview - The S&P 500 slipped 0.2% after an earlier rise of 0.9%, while the Dow Jones Industrial Average was up 34 points (0.1%) and the Nasdaq composite declined 0.4% [4][6] - Major indices are on track for a third consecutive weekly loss due to market turbulence [4][6] Energy Market - Brent crude traded above $100 per barrel, slightly lower than Thursday's close of $100.46, with prices surging over 37% this month [6] - US crude rose 0.1% to $95.83 per barrel, up approximately 43% this month [6] - Analysts warn that if disruptions in oil supply persist, prices could rise to around $150 per barrel [6] - The International Energy Agency announced a record release of 400 million barrels from emergency reserves, but some economists believe this may provide limited reassurance [5][6] Economic Data - Consumer prices rose 2.8% year-on-year in January, with core inflation climbing to 3.1%, the highest level in nearly two years [5][6] - Consumer spending and incomes increased by 0.4% during the month [5][6] - Job openings rose to nearly 7 million in January, exceeding economists' expectations [5][6] - The US economy grew at a subdued annual rate of 0.7% in the October-December quarter, revised down from earlier estimates [5][6] Sector Performance - Financial and healthcare stocks supported the broader market, with JPMorgan rising 1.1% and Eli Lilly gaining 1.6% [5][6] - Software firm Adobe dropped 6% despite beating revenue and profit forecasts, while Ulta Beauty tumbled 10.5% after reporting weaker-than-expected quarterly earnings [5][6] - Bitcoin climbed 4.6% to around $72,777, positively impacting shares of cryptocurrency-linked companies like Coinbase Global and Strategy [5][6] Bond Market - The yield on the 10-year Treasury eased to 4.25% from 4.26%, remaining higher than the 3.97% level seen before the conflict began [5][6] International Markets - European indices showed modest gains, with Britain's FTSE 100, Germany's DAX, and France's CAC 40 all moving higher [6] - In Asia, Japan's Nikkei 225 fell 1.2%, with technology stocks among the biggest losers, including a 4.5% decline in SoftBank Group [6]