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Stocks Fall With Bonds as Oil Surges Anew on Iran | Closing Bell
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March 5, 2026
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9:52Now PlayingWatch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
A slide in chipmakers dragged down stocks while a bond selloff deepened amid a spike in oil as headlines continued to depict war escalating in Iran and the Middle East. Bitcoin slumped.
While the S&P 500 bounced from session lows, most of its shares fell. A key gauge of semiconductor firms dropped 1.2% as Bloomberg News reported the US is considering requiring permits for artificial-intelligence chip sales.
The US-Israeli war on Iran waged for a sixth day with little sign of easing, extending a surge in energy prices. US oil settled around $81 on signs the conflict is disrupting crude flows to key buyers, with top importer China moving to conserve fuel.
The Trump administration is weighing a range of options for addressing the surge in oil and gasoline prices, Interior Secretary Doug Burgum said.
The S&P 500 lost 0.6%. The yield on 10-year Treasuries climbed three basis points to 4.13%. The dollar added 0.4%.
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