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Why I'm Still Expecting Double-Digit Gains This Year, Despite Recent Volatility
ZACKS· 2026-03-13 20:31
After a strong start to the market in 2026, recent events in the Middle East have weighed on stocks, and simultaneously sent the price of oil sharply higher.YTD, the Dow is now off -2.88%; the S&P is off -2.53%; the Nasdaq is down -4.00%, the small-cap Russell 2000 is still up 0.29%; and the mid-cap S&P 400 is up 1.28%.Crude oil, since the start of the U.S./Israel campaign against Iran, is up roughly 43%. And YTD, it’s up more than 68%.Stocks were already off their highs prior to the Middle East conflict du ...