Surging oil, the March jobs report, and anxious consumers: What to watch this week

US stocks ended another week in the red as the war raging through the Gulf region rolls on with no end in sight and US equity markets keep falling. The S&P 500 (^GSPC) lost roughly 1.7% on Friday to clinch its longest losing streak since 2022, while the Dow (^DJI) shed an equal 1.7%, or roughly 800 points, on Friday. The two indexes have now lost 7% and 6%, respectively, on the year. The tech-heavy Nasdaq Composite (^IXIC) slid a steeper 2.2% on Friday for a year-to-date loss of roughly 10%. Calendar hi ...