US Stocks Finish Flat to Lower
2026-03-11 20:01
By
Felipe Alarcon
1 min. read
The S&P 500 edged 0.2% lower, the Nasdaq slipped 0.1%, while the Dow dropped 0.7% on Wednesday as the conflict in the Persian Gulf drove energy prices higher and intensified inflation concerns.
West Texas Intermediate futures climbed past 87 dollars following projectile strikes on cargo ships near the Strait of Hormuz which countered news of a record oil reserve release by the International Energy Agency.
These geopolitical tensions overshadowed a February consumer price index report that met expectations with a 2.4% annual increase and signals a potential delay in central bank policy easing.
While credit sensitive equities faced pressure from rising yields the technology sector found insulation in Oracle which jumped 9.2% following an earnings beat and improved guidance.
Clean energy funds also emerged as a bright spot by reaching record highs as market participants sought alternatives to volatile fossil fuel supplies amid the ongoing regional warfare.