{"id":46580,"date":"2026-03-09T12:00:11","date_gmt":"2026-03-09T12:00:11","guid":{"rendered":"https:\/\/diyhaven858.wasmer.app\/index.php\/dow-sp-500-nasdaq-futures-tumble-as-oil-prices-surge-to-over-100-a-barrel\/"},"modified":"2026-03-09T12:00:11","modified_gmt":"2026-03-09T12:00:11","slug":"dow-sp-500-nasdaq-futures-tumble-as-oil-prices-surge-to-over-100-a-barrel","status":"publish","type":"post","link":"https:\/\/diyhaven858.wasmer.app\/index.php\/dow-sp-500-nasdaq-futures-tumble-as-oil-prices-surge-to-over-100-a-barrel\/","title":{"rendered":"Dow, S&#038;P 500, Nasdaq futures tumble as oil prices surge to over $100 a barrel"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->US stock futures tumbled but trimmed some losses early Monday on hopes for an easing in the oil supply squeeze, after crude prices surged past the $100-a-barrel mark amid fears of a prolonged Middle East conflict.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Dow Jones Industrial Average futures (YM=F) were down 1.2% after plunging more than 1,000 points overnight. Contracts on the S&amp;P 500 (ES=F) and the Nasdaq 100 (NQ=F) sank 1% and 1.1%, respectively. All three indexes had tanked more than 2% in earlier out-of-hours trading.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Oil prices were coming off earlier highs after spiking around 25% late Sunday to top $119 a barrel, reaching levels not seen since 2022. The spike came as conflict in Iran spurred crude-producing countries to cut output, already curbed by the virtual closure of the Strait of Hormuz shipping corridor. Kuwait confirmed unspecified production cuts, while Iraqi output is reported to have plunged about 70%.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Amid the supply crunch, ministers from the G7 top economies will meet on Monday to discuss a possible joint release of petroleum from IEA reserves, per media reports. The US and two other countries are said to back the move, which appears to have soothed nerves rattled on Sunday by Trump suggesting high costs were &#8220;a very small price to pay&#8221; for security.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->West Texas Intermediate (CL=F) crude futures were trading at around $103 a barrel, while global benchmark Brent (BZ=F) futures changed hands above $107. Both were about 15% higher.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The sell-off in stocks followed a bruising stretch last week, which saw the Dow (^DJI) lose roughly 3%, marking its steepest weekly drop since tariff concerns from the Trump administration rattled markets in April 2025. The S&amp;P 500 (^GSPC) slid about 2%, while the Nasdaq Composite (^IXIC) finished down over 1%.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Looking to domestic economic reports, investors will be watching closely for Wednesday&#8217;s Consumer Price Index and Friday&#8217;s Personal Consumption Expenditures index readings, though both won&#8217;t capture the effect of oil&#8217;s dramatic recent surge on price pressures just yet.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->On the corporate front, earnings season continues, with Oracle (ORCL) and Adobe (ADBE) the highlights this week.<!-- HTML_TAG_END --><\/p>\n<p><span class=\"caas-live-blog-section-badge isLive yf-1akp1w0\">LIVE<\/span> <span class=\"caas-live-blog-section-badge-count yf-1akp1w0\">9 updates<\/span><\/p>\n<div class=\"liveblog-posts yf-1akp1w0\">\n<ul class=\"liveblog-list yf-1akp1w0\" data-testid=\"blog-posts\">\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"1401147e-f301-4fca-a911-b5a2d80422d8\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Global bond rout grows as oil jump upends interest-rate outlook<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Bloomberg reports:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here<\/em>.<!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"27493645-2619-4684-9bbb-351797efee17\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Europe&#8217;s blue chips head for correction as oil soars<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->From Bloomberg:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here<\/em>.<!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"92bf3e18-516f-4326-b2f1-fd516099faa5\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Stagflation trades sweep markets as Trump signals widening war<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Optimism for a quick resolution of the conflict in the Middle East is rapidly ebbing in financial markets.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Bloomberg reports:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here<\/em>.<!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"407ca2d2-c4a0-4cd1-a9d0-e7565b353ec9\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">G7 to discuss joint release of emergency oil reserves<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The Financial Times reports:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here<\/em> (premium subscribers)<!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"6b096ddd-47b5-4cbc-9483-4f694102bafe\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"post yf-g1zpqf\">\n<div class=\"timeline-point  with-author-name yf-g1zpqf\"><img decoding=\"async\" class=\"avatar yf-g1zpqf\" src=\"https:\/\/s.yimg.com\/uu\/api\/res\/1.2\/dv.VTTSch3jvXf1wCG7ZLg--~B\/Zmk9ZmlsbDtoPTQwO3B5b2ZmPTA7dz00MDthcHBpZD15dGFjaHlvbg--\/https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2024-04%2F41fcc720-f5a8-11ee-bbe2-e9cb8cdc4c82&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=3e3930835cf0e3365df3a70c112b3755056f7bf7\" alt=\"Brian Sozzi\"\/><\/div>\n<\/p><\/div>\n<div class=\"content-wrapper  with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block  with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">How some on Wall Street are thinking<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Veteran strategist Chris Rupkey has this solid new hot take on the oil surge below.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->I would say his view is still far from the consensus (we go into a recession because of the Iran situation), But we should be on the lookout for commentary like this in the next few days:<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"070f74c5-d921-44a1-a16f-0ee2809de29f\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"post yf-g1zpqf\">\n<div class=\"timeline-point  with-author-name yf-g1zpqf\"><img decoding=\"async\" class=\"avatar yf-g1zpqf\" src=\"https:\/\/s.yimg.com\/uu\/api\/res\/1.2\/dv.VTTSch3jvXf1wCG7ZLg--~B\/Zmk9ZmlsbDtoPTQwO3B5b2ZmPTA7dz00MDthcHBpZD15dGFjaHlvbg--\/https:\/\/o.aolcdn.com\/images\/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2024-04%2F41fcc720-f5a8-11ee-bbe2-e9cb8cdc4c82&amp;compress=1&amp;progressive=1&amp;quality=75&amp;client=hawkeye&amp;signature=3e3930835cf0e3365df3a70c112b3755056f7bf7\" alt=\"Brian Sozzi\"\/><\/div>\n<\/p><\/div>\n<div class=\"content-wrapper  with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block  with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Goldman weighs in on oil surge<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Goldman Sachs&#8217; new call on oil already looks outdated, given the outsized move in prices we have seen since last night.<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"7ec95713-6f9f-4f00-90cc-2eb6ac741fb0\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Asian gauges hammered as soaring oil price shakes global markets<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Major gauges across Asia fell upwards of 5% as the US-Israeli war with Iran was seen to cause global instability. The drops have been driven by surging oil prices, a potential indicator of an incoming recession, accro<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->AP Finance reports:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here. <\/em><!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"280c7268-1fbd-49b0-94da-87bf42024fb2\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Gold falls against backdrop of instability from oil spike<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Bloomberg reports:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here. <\/em><!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"e1de830c-90f6-4b13-9609-e4770da14ca8\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Oil pushes past $100 a barrel in fastest rally since 1980s<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Yahoo Finance&#8217;s Jake Conley reports:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here. <\/em><!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stock futures tumbled but trimmed some losses early Monday on hopes for an easing in the oil supply squeeze, after crude prices surged past the $100-a-barrel mark amid fears of a prolonged Middle East conflict. Dow Jones Industrial Average futures (YM=F) were down 1.2% after plunging more than 1,000 points overnight. Contracts on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":46520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_daextam_enable_autolinks":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[10],"tags":[4928,4591,1509,4927,1618,412,216,474,140],"class_list":["post-46580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-crude-futures","tag-crude-prices","tag-dow","tag-middle-east-conflict","tag-nasdaq-100","tag-nasdaq-composite","tag-oil-prices","tag-sp-500","tag-us-stock-futures"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/diyhaven858.wasmer.app\/wp-content\/uploads\/2026\/03\/f8cf29f0-1b3c-11f1-8d8b-93b8db889c92.jpeg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/46580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/comments?post=46580"}],"version-history":[{"count":0,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/46580\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media\/46520"}],"wp:attachment":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media?parent=46580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/categories?post=46580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/tags?post=46580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}