Stock market today: Dow, S&P 500, Nasdaq futures slip after stocks bounce back amid 3-week losing streak
NvidiaNvidia(US:NVDA) Yahoo Finance·2026-03-16 22:50

Market Overview - US stock futures declined on Tuesday after a rebound on Wall Street, with Dow Jones Industrial Average futures down 0.4% and S&P 500 and Nasdaq 100 futures both falling approximately 0.5% [1] - The major averages had increased during Monday's session, with the S&P 500 rising 1% after crude prices fell from a previous rally, ending the week at its lowest level of the year due to US-Israeli war tensions [2] Oil Market - Brent crude prices settled down nearly 3% at just over $100 per barrel, while West Texas Intermediate crude dropped over 5% to close at $93.50, contributing to the support of equities [2] - Energy markets have experienced volatility since the onset of attacks on Iran, with US Treasury Secretary indicating that Iranian oil tankers are allowed to pass through the Strait of Hormuz, although there are unresolved demands for a multinational escort effort [2][5] Federal Reserve - Market participants are preparing for the Federal Reserve's upcoming policy announcement, with expectations for interest rates remaining stable at current levels, showing a 99.1% probability according to CME FedWatch [3] Corporate Developments - Nvidia's CEO Jensen Huang announced significant deals during the GTC event, projecting $1 trillion in chip sales through the end of 2027, indicating strong demand for computing [4] - Earnings reports from Tencent, DocuSign, and Oklo are anticipated on Tuesday, reflecting ongoing corporate activity in the market [4]

Stock market today: Dow, S&P 500, Nasdaq futures slip after stocks bounce back amid 3-week losing streak - Reportify