Home > Business > US Stock Market Today: Dow Falls 361 Points as Stagflation Fears Grow with Oil Above $100 Per Barrel, S&P 500 & Nasdaq Hold Steady Amid Iran Tensions; Gold & Silver Surge; Bitcoin Above $67K

US Stock Market Today: Dow Falls 361 Points as Stagflation Fears Grow with Oil Above $100 Per Barrel, S&P 500 & Nasdaq Hold Steady Amid Iran Tensions; Gold & Silver Surge; Bitcoin Above $67K

Stock Market Today Updates: Wall Street opened stronger, Dow Jones fall 361.79 points, S&P 500 down -0.48% and Nasdaq surge -0.18% amid Iran Conflict. Oil surged above $100, defense stocks rallied and gold climbed above $5,012 on heightened global risk.

By: Amreen Ahmad
Last Updated: March 9, 2026 21:47:25 IST

US Stock Market Today Updates: Geopolitical tension and rising energy prices caused U.S stock markets to plummet. The Dow Jones was down 361.79 points (-0.76) to 47,139.76, the S&P 500 was down 32.55 points (-0.48) and the Nasdaq was down 39.59 points (-0.18). This recession has arrived when oil prices went above 100 a barrel and this puts new apprehensions of stagflation among the Wall Street.

U.S. Market Snapshot

Index

Close

Change

% Change

Dow Jones

47,139.76

-361.79

-0.76%

Nasdaq

22,348.09

-39.59

-0.18%

S&P 500

6,707.22

-32.55

-0.48%

NYSE Comp.

19,200

-145

-0.75%

Dow Jones

The Dow Jones industrial average fell by 361.79 to 47,139.76 or a 0.76% fall. The manufacturing and industrial companies were the worst losers with the investors responding to the rising energy prices and international insecurity which have the potential to push up the cost of operations and cut down profits margins in various industries.

Nasdaq

The Nasdaq Composite fell 39.59 to 22,348.09 by 0.18%. Performance of the technology has been mixed as investors tapped weighted expectations of strong AI growth to the macroeconomic issues of increased interest rates, oil prices and geopolitical instability in the world markets.

S&P 500

The S and P 500 fell by 0.48% with a decline of 32.55 points to 6,707.22. The areas of consumption like financial and transportation among others experienced losses. Analysts attribute the wide drop to investor apprehension with escalating energy prices and threats of inflation coming back to the focus.

NYSE

The New York Stock Exchange trade was not steady as the investors responded to the increase in oil prices and international tensions. Even as some blue-chip stocks fell, the energy and commodity companies recorded profits with investors shifting capital to industries that would gain in case of rising crude prices.

US Stock Market Crash Deepens as Dow, S&P 500 & Nasdaq Fall 

The volatility increased in Wall Street due to the risk reduction undertaken by investors. Intraday trade saw the Dow plummet by almost 700 points, S&P 500 by more than 1 percent and Nasdaq by nearly 1 percent before it rebounded somewhat.

US Stock Market Crash Falls After Oil Surges Above $100 per Barrel

The sell-off was caused by energy market and the West Texas Intermediate crude shot up to $101.67 per barrel, and the Brent crude shot as high as 119 the highest it had been since 2022. The cost of oil has risen up beyond 70% in one year and this has put pressure on the businesses and consumers.

There was also a sharp reaction in the world markets. The Nikkei of Japan was down by 5.2%, South Korea by 6% and France by the CAC 40 by 1.8%. Shareholders are worried that the long term effect of energy crises would be a deceleration in the world economy and increased inflationary pressures on the world.

US Stock Market Crash Decline Fuels Stagflation Fears in the US Economy

Economists have cautioned that the oil prices of above $100 per barrel have historically caused inflation shocks. The Cboe Volatility Index (VIX) has soared over 30%, which is a pointer of increased investor anxiety and is an indicator of further market volatility in the near future.

US Stock Market Crash Hits Banks, Tech & Airline Stocks

A number of industries experienced high selling pressure. The airlines firms became weak because of the increased fuel prices and the banking stocks became weak because of the uncertainty that the economy was facing. Technology companies were not safe either since investors redirected capital to less risky investments during the economic crunch.

The market faced a decline in various major sectors. Banking stocks lost between 2% and 4% due to the decline of major financial institutions. Shares in the airline industry fell by nearly 5% because of the rise in the price of oil above $100 per barrel while the technology industry lost 1-2% in stocks.

Energy Stocks Gain as Oil Prices Surge

The oil rally was advantageous to energy companies and the stock of Exxon Mobil, Chevron and Valero Energy increased as the oil prices were above 100. The investors believe that the oil producers will get more money in case the supply disruption continues and the world demands it.

Natural Gas Prices Continue to Rise

Natural gas prices hit a high of 3.49 since early February. Natural gas ETFs increased by more than 2% as most of the exploration firms saw more investors as the world endured to a tight supply of energy.

Gold & Silver Prices Fall Sharply Amid Market Volatility

During the session, precious metals were under heavy selling pressure. COMEX April gold futures fell by $80, closing at $5,012 per troy ounce, wiping out the previous day’s gains. This has caused gold to end the week down 1.70% and has closed out a four-week winning streak. At the same time, COMEX May silver futures fell by $4.67 to $79.64, wiping out nearly 10% and closing out a two-week winning streak

Why Are Bitcoin & Crypto Markets Falling Today?

The cryptocurrency market is experiencing pressure due to the reduction of investors in high-risk assets. Bitcoin is currently trading at around $67,600. It has lost about 3% in the last 24 hours. Its market capitalization is around $1.36 trillion. High oil prices and global tensions have increased the volatility of the cryptocurrency market.

Bitcoin Climbs Back Above $65,000 After Two Weeks

Bitcoin was resilient despite volatility and the cryptocurrency was trading at approximately around 67, 600 with a market cap of approximately 1.36 trillion. According to analysts, institutional demand and the inflows of ETFs remain the long-term support of the largest digital asset in the world.

The Latest Update on the US-Iran Conflict

  • The conflict escalated when the U.S. and Israeli forces attacked Iran on February 28, 2026. This led to retaliatory missile and drone strikes in the Middle East. 
  • The Strait of Hormuz is a critical passage for 20% of the world’s oil supplies. The passage has witnessed a decline in the number of vessels passing through it due to safety concerns. 
  • Oil tankers have been attacked several times due to the conflict. This has led to a rise in the price of crude oil to over $100 a barrel. It even touched a high of $119. 
  • The conflict has caused several casualties on the high seas. It has damaged several vessels, with over 150 ships avoiding the strait due to safety concerns.

What Investors Should Watch Next in the US Stock Market

  • Inflation figures, as well as inflationary trends, are being monitored, as investors wait for the next Consumer Price Index (CPI) as well as the Personal Consumer Expenditure (PCE) releases, to gauge whether inflationary pressures are building, especially as oil is currently trading above $100 a barrel. 
  • Federal Reserve policy announcements will be watched closely, as any indications of rate changes could cause ripples in the financial markets, as well as in the stock as well as bond markets. 
  • Oil price fluctuations will be monitored, as when oil is in the range of $100 to $120 a barrel and market sentiment can change. 
  • Corporate earnings announcements by major companies will be watched, as these will reveal how companies are coping with rising costs. 
  • Geopolitical events, especially those in the Middle East, will be monitored, as these could cause market volatility.

Top Gainers Today

Dow Jones 

  • Intel (INTC): $43.93, +0.51 (+1.17%) [user data]
  • Amgen (AMGN): $372.95, +3.42 (+0.93%)
  • Procter & Gamble (PG): $154.94, +1.31 (+0.85%)
  • Caterpillar (CAT): $686.58, +5.68 (+0.83%)
  • Johnson & Johnson (JNJ): $242.31, +1.91 (+0.79%) 

Nasdaq 

  • Broadcom Inc (AVGO): $340.79, +10.31 (+3.12%)
  • Micron Technology (MU): $377.18, +6.88 (+1.86%)
  • Regeneron Pharmaceuticals (REGN): $773.76, +13.90 (+1.83%)
  • ASML: $1,316.42, +22.86 (+1.77%)
  • Advanced Micro Devices (AMD): $195.67, +3.24 (+1.68%) 

S&P 500 

  • Broadcom Inc (AVGO): $340.79, +10.31 (+3.12%)
  • Occidental Petroleum (OXY): $55.73, +1.54 (+2.84%)
  • Abbott (ABT): $111.85, +2.29 (+2.09%)
  • Micron Technology (MU): $377.18, +6.88 (+1.86%)
  • Regeneron Pharmaceuticals (REGN): $773.76, +13.90 (+1.83%)

Top Losers Today

Dow Jones 

  • Cisco Systems (CSCO): $75.54, -3.10 (-3.94%) [user data]
  • 3M (MMM): $148.88, -4.53 (-2.95%)
  • Boeing (BA): $224.89, -6.22 (-2.69%)
  • Home Depot (HD): $349.44, -8.48 (-2.37%)
  • IBM: $253.37, -5.48 (-2.12%) 

Nasdaq 

  • Cisco Systems (CSCO): $75.57, -3.07 (-3.90%)
  • Comcast (CMCSA): $30.88, -1.03 (-3.23%)
  • PayPal (PYPL): $45.68, -1.29 (-2.75%)
  • Intuit (INTU): $469.89, -11.28 (-2.34%)
  • Tesla (TSLA): $387.79, -8.94 (-2.25%) 

S&P 500 

  • United Parcel Service (UPS): $97.81, -4.55 (-4.45%)
  • Estée Lauder (EL): $89.09, -3.63 (-3.92%)
  • Cisco Systems (CSCO): $75.57, -3.07 (-3.90%)
  • Wells Fargo (WFC): $77.59, -2.83 (-3.52%)
  • Comcast (CMCSA): $30.88, -1.03 (-3.23%) 

FAQ’s: Stock Market Update

Why did oil prices spike above $100? 

Middle East producers cut output amid U.S.-Iran war and Hormuz closure, halting 20% global supply, Brent hit $119 briefly and impact lasts if unresolved.

What is stagflation risk here? 

High oil fuels inflation while slowing growth; Fed can’t easily cut rates without worsening prices, echoing 1970s and yardeni warns of bear market redux.

How are Airlines Stock Affected? 

Jet fuel costs soar, margins crushed; Boeing -2.69%, American 5% drop as $100 oil bites transports and Cruise lines like Carnival -6%.

Did energy stocks benefit? 

Yes, Exxon/Chevron +1%, Occidental +2.84% on crude rally despite broader crash but demand fears cap gains.

What is the Bitcoin’s move today? 

Dipped 0.43% to $67k despite brief $70k reclaim; risk-off from oil, profit-taking hit crypto and $63.5k support critical.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. The Sunday Guardian suggests that readers consult with a certified financial advisor before making any investment or money-related decisions. The stock market involves significant risk.

Most Popular

The Sunday Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

The Sunday Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?