March 14, 2026
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10:20Now 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.
Volatility gripped Wall Street, with stocks falling and oil jumping to an over three-year high as the war in Iran raged on. A rally in bonds waned as higher energy prices stoked inflation angst.
The S&P 500 erased a nearly 1% gain, with the US stepping up strikes on Iran to unprecedented levels as both sides threatened to escalate a conflict hitting its two-week mark. Brent closed above $100. After climbing in the aftermath of sluggish economic data, Treasuries lost steam, with longer-term maturities underperforming. The plunge in a gauge of megacaps from a record topped 10%. The dollar rose to its highest since December.
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