US Stocks Rebound on Friday
2026-03-13 13:35
By
Andre Joaquim
1 min. read
US equities rose on Friday, trimming the decline from yesterday as markets reassessed the impact that the surge in energy prices on margins and interest rates.
The S&P 500, Dow, and Nasdaq 100 were around 0.5% higher.
Defiant rhetoric between Iran and the US maintained the risk that energy exports from the Persian Gulf will remain halted in the near future.
Oil prices held their surge despite signals of the IEA's coordinated stockpile release and the US decision to ease sanctions on Russia.
Yields remained sharply higher since the start of the month despite fresh data showing that the US GDP was firmly lower than expected in Q4, pressuring credit-sensitive equities.
Chip producers were higher to maintain their outperformance this week on optimistic results from Oracle and TSMC, with Nvidia adding 1.6%.
In the meantime, Sherwin Williams, 3M, and UnitedHealth gained to set the pace for consumer defensive.
Also, asset managers trimmed losses after redemptions on private credit funds.