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Stock Market Today: Major Indexes Tank as Iran War Escalates; Dow Drops 950 Points; Oil Surges Further
Investopedia· 2026-03-03 17:05
Major stock indexes plummeted Tuesday, with the Dow Jones Industrial Average shedding 950 points, as the conflict in the Middle East escalated. Meanwhile, oil futures soared for a second straight day. The blue-chip Dow, tech-heavy Nasdaq, and benchmark S&P 500 were down 1.9%, 1.9%, and 1.7%, respectively, in recent trading. Yesterday, the Nasdaq and S&P 500 rallied to post modest gains, while the blue- chip Dow Jones Industrial Average ended down 0.2%. Fighting in the Middle East has shown no signs of slowi ...
Defiance ETFs CIO Sylvia Jablonski on finding opportunities amid Iran conflict
Youtube· 2026-03-03 15:46
Sylvia Jablonsky is here. She's the chief investment officer of Defiance ETFs. Welcome to you.What do you make of this second day um action. >> I mean, we we'll have to wait and see, right. I think we went into the weekend prior to everything happening with some good breath, some expansion, stable GDP, earnings were looking good, 73% beat on top and bottom line, 14% growth rate.And you know, now I think it's going to be a day-by-day thing. I think it's going to be a lot of volatility before we we know how l ...
Defense ETFs to Gain as the US-Iran War Stokes Global Tension
ZACKS· 2026-03-03 15:06
Key Takeaways U.S.-Iran strikes lift defense ETFs like ITA as the demand for advanced weaponry surges.Lockheed Martin and RTX see rising orders for F-35 jets, missiles and Iron Dome interceptors. ETFs like SHLD should gain on modernization cycles, geopolitical tensions and AI-driven warfare spending.The recent joint military strikes by the United States and Israel against Iran have fundamentally shifted the geopolitical landscape, pushing regional instability in the Middle East to a breaking point. While t ...
OpenAI's Altman admits defense deal 'looked opportunistic and sloppy' amid backlash
CNBC Television· 2026-03-03 14:48
In the news, OpenAI CEO Sam Alman speaking out about his company's recent deal with the defense department. In a post on X, Alman said the company shouldn't have rushed the agreement, admitting uh it looked opportunistic and sloppy. He also outlined revisions to that agreement following backlash uh tied to a federal ban on anthropics AI tools amid its dispute uh with the Pentagon. ...
X @BBC News (World)
BBC News (World)· 2026-03-03 14:23
UK considers sending Royal Navy warship to Cyprus https://t.co/XhldYwzBp0 ...
US Stocks Today | Wall Street futures slide as Middle East conflict stokes inflation worries
The Economic Times· 2026-03-03 11:37
The strait, a critical chokepoint, carries roughly one-fifth of the world's total oil consumption. Industries such as airlines and travelthat are exposed to crude prices were knocked back for a second day. Delta and Royal Caribbean fell about 4% each. Tehran's threat to attack any vessel attempting to transit the Strait of Hormuz, combined with production halts by several Middle Eastern oil and gas producers, has driven global shipping rates higher and pushed up crude and natural gas prices. Markets will be ...
X @The Economist
The Economist· 2026-03-03 11:20
Whereas long-established contractors account for much of defence spending in America, in Europe there is more scope for young defence-tech firms https://t.co/AcxgP93nv3 ...
Wall St futures slide as Middle East conflict stokes inflation worries
Yahoo Finance· 2026-03-03 10:40
March 3 (Reuters) - U.S. stock index futures fell on Tuesday as investors assessed the fallout of U.S. and Israeli strikes on Iran and the repercussions it could have on inflation and global trade. Markets will be looking out for fresh signals from the Fed, given recent divisions over the path of rates. John Williams, a voting member, Jeffrey Schmid, and Neel Kashkari are scheduled to speak later in the day. A packed slate of U.S. data will land later this week, including January retail sales, ADP employmen ...
The Iran Conflict Widens But Not All Defense Stocks Are Rising. Here's Why.
Barrons· 2026-03-03 10:07
Lockheed Martin and RTX both rack up gains in premarket trading as the broader market frets about a drawn- out conflict. ...
Global shares are mostly lower as investors focus on the Iran war's impact on energy supplies
ABC News· 2026-03-03 09:30
U.S. President Donald Trump is seen on a screen as traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 3, 2026. (AP Photo/Ahn Young-joon) TOKYO -- Global shares mostly declined and oil prices surged Tuesday as investors eyed threats to world energy supplies from the Iran war. U.S. futures also declined, with the contract for the S & P 500 down 1.5% while that for the Dow Jones Industrial Average fell 1.6%. In early European trading, France's ...