S&P Falls 1.4% to 16-Week Low as PPI Shock and Fed Hawkish Hold Crush Rate-Cut Bets
A February PPI print nearly double the consensus arrived six hours before the FOMC decision; the Fed confirmed what the data implied, raised its inflation forecast, retained one 2026 cut, and sent all four major indices to their lowest closes of the year.
S&P Edges Up 0.25% on FOMC Eve as Delta Guidance Lift Drives Airline Rally
Equities added a second straight session of gains as Delta's record booking pace answered the market's demand-resilience question; the Fed's two-day meeting opened with a hold priced at near-certainty.
WTI Reverses Overnight as FOMC Day One Opens and PPI Prints
Crude oil partially unwound Monday's 5% Hormuz relief drop — rising back toward $96 on thin tanker confirmation — while February PPI lands at 8:30 and the Fed's two-day meeting opens this morning.
S&P Snaps Three-Week Losing Streak as Bessent Signals Hormuz Opening, WTI Drops 5%
Treasury Secretary Scott Bessent told CNBC the U.S. is allowing Iranian oil tankers through the Strait of Hormuz; the first non-Iranian cargo in weeks transited Monday, pulling WTI below $94 and lifting all four major averages.
Fed Dot Plot Meets $99 Oil: FOMC Week Tests Whether the Rate-Cut Calendar Can Survive a Supply Shock
The FOMC releases its revised economic projections Wednesday — on the same morning February PPI prints.
S&P Posts Third Straight Weekly Loss as WTI Nears $99 and Rate-Cut Odds Collapse to October
All four major averages extended their losing streak to three weeks as Iran maintained its Hormuz posture, oil gained another 3%, and Adobe's CEO exit amplified the tech selloff.
Brent Holds $100 as Core PCE Prints Hot Ahead of Fed Meeting
Futures are bouncing cautiously after Thursday's worst session of 2026, but oil above $100 and a sticky core PCE print leave the Fed no room to cut next week.
S&P Falls 1.5% to 2026 Low as Brent Clears $100 on Khamenei's Hormuz Declaration
All four major averages hit calendar-year lows Thursday as WTI surged 9.7% and private credit stress added a second front of selling.
Six More Ships Struck Overnight as Iran's New Supreme Leader Orders Hormuz Shut
Brent crude briefly crossed $100 after Mojtaba Khamenei broke silence to demand the strait stay closed; IEA's 400M-barrel reserve release hasn't moved prices, the US Navy isn't ready to escort tankers, and equity futures are down 0.4–0.9% with private credit stress adding a second front.
IEA's Largest-Ever Reserve Release Fails to Check Oil's 4.5% Surge as Iran Hits Three More Hormuz Ships
February CPI met estimates but markets know it's the last clean read before the Iran war drives a March inflation spike; the Dow shed 0.61% while energy led and Oracle's earnings-day rally kept the Nasdaq barely positive.
In-Line CPI Steadies Futures but Iran's Overnight Tanker Strikes Keep Oil in Control
February inflation matched forecasts on every measure, but WTI crude jumped 2.5% overnight on fresh Iranian attacks in the Strait of Hormuz, leaving equity futures flat to slightly lower.
S&P 500 Surrenders Intraday 1% Gain After Energy Secretary's Retracted Hormuz Escort Claim
A false Energy Department post crashed oil 17% and briefly lifted equities before the White House walked it back, leaving the S&P down 0.21% in a session that went nowhere fast.
Oil Backs Off $120 on Trump's Iran Peace Signals — Futures Stabilize After Monday's Rout
Trump's suggestion the Iran conflict is nearing its end pulled crude from overnight highs, steadying futures that had been down more than 2% heading into yesterday's session.