MARKET UPDATE | March 16, 2026
- James C. McGrath
- Mar 16
- 1 min read
The S&P 500 fell 1.6% last week, marking its third consecutive weekly decline as rising oil prices and geopolitical tensions weighed on markets. The index closed the week at 6,632.19, leaving it down 3.6% for March and 3.1% for the year. Equity sentiment was pressured by the escalating conflict between the U.S. and Iran, which pushed energy prices higher and heightened investor uncertainty.
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