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Stock Market Today: Dow Jones, S&P 500 Futures Fall As Trump Prepares To 'Unleash Hell' On Iran—Pony AI, Worthington Steel, Olaplex Holdings In Focus
Benzinga· 2026-03-26 08:54
Market Overview - U.S. stock futures declined following previous gains, with major benchmark indices showing lower futures [1] - The Dow Jones fell by 0.47%, S&P 500 decreased by 0.55%, Nasdaq 100 dropped by 0.65%, and Russell 2000 declined by 0.92% [2] Company Performance - Worthington Steel Inc. (NYSE:WS) experienced a significant drop of 14.04% after reporting weaker-than-expected third-quarter financial results, maintaining a weak price trend across all time frames [5] - MillerKnoll Inc. (NASDAQ:MLKN) slumped by 19.16% due to disappointing third-quarter results and weak fourth-quarter earnings guidance, also showing a weak trend in all time frames [5] - Olaplex Holdings (OLPX) and FiscalNote Holdings (NOTE) are noted to maintain weak price trends over the long, short, and medium terms [2][3] - Pony AI (PONY) is similarly indicated to have a weak price trend across all time frames [4] Economic Insights - BlackRock downgraded U.S. stocks to neutral, citing escalating Middle East conflict as a significant macro shock, which could potentially drag global growth down by approximately 0.75% [7] - The firm highlighted a disconnect in the market, where current equity prices do not reflect the macro damage implied by energy pricing, warning that higher energy costs and uncertainty may soon impact demand [8] - Expectations for Federal Reserve interest rate cuts have shifted towards a potential hike due to persistent inflation and high debt burdens, with BlackRock suggesting that the window for Fed intervention is closing fast [8]