US Stocks Waver
2026-03-10 13:39
By
Andre Joaquim
1 min. read
US equities were mostly lower on Tuesday, trimming the rebound yesterday as pro-inflationary concerns and geopolitical uncertainty maintained investors preference to cash.
The three main equity indices hovered below the flatline.
Crude oil benchmarks dropped for the first time this month after President Trump stated that the war in Iran may be approaching its end, but Iranian authorities noted they are ready to continue the conflict after striking tankers near the Persian Gulf while US and Israeli strikes reportedly increased their force.
Credit sensitive sectors fell lower as yields inched higher.
Private credit giants also held their recent losses on fears of their bad loans, while asset managers reportedly suffered sharp losses on recent volatility in energy markets.
Meanwhile, Amazon inch higher after kicking off the sale of its $37 billion bond offering, and Nvidia and AMD were steady after TSMC reported a 30% jump in sales on the first two months of the year.