U.S. stocks crater as oil extends surge amid Middle East war

Investing.com ^ | 03/09/2026 | Anuron Mitra

[Sequoyah101]

Investing.com - U.S. stocks were a sea of red on Monday as the escalating conflict in the Middle East pushed oil prices to $100 a barrel, raising fears that higher energy costs could weigh on the economy.

At 09:43 ET (13:43 GMT), the benchmark S&P 500 index slid 1.2% to 6,655.57 points, the tech-heavy NASDAQ Composite slumped 1.3% to 22,103.06 points, and the blue-chip Dow Jones Industrial Average shed 1.4% to 46,846.08 points.

[Sequoyah101]

Crater? They are now down less than 1%, less than 500 points. That isn't a crater, it is a normal down day. Most of these screaming headlines are good for the moment they are written if they are any good at all.

After seeing what the Jap's market did last night I thought I was going to go bottom fishing on the index, so to speak, today. Hardly.

This situation is temporary, just like all other previous oil panics we have had for the last 50 years. Maybe this time we won't se so many of them if Iran is vanquished and we see some kind of new and civilized leadership there.

We can't get news anywhere anymore. It has all become propaganda.

[Texas Eagle]

Fear porn we much!

[MarlonRando]

yeah it’s a normal bad day. Not the end of the world.

[central_va]

These headlines and newscaster spreading fear have all shorted the market. You betcha.

[NorthMountain]

At 09:43 ET (13:43 GMT), the benchmark S&P 500 index slid 1.2% to 6,655.57 points, the tech-heavy NASDAQ Composite slumped 1.3% to 22,103.06 points, and the blue-chip Dow Jones Industrial Average shed 1.4% to 46,846.08 points.

Could the headline writers possibly be more dishonest?

[bk1000]

We’re all going to die.

[NorthMountain]

it’s a normal bad day

One might consider it a good day for buyers.

[Diana in Wisconsin]

Some sell-off again in gold, but silver is staying pretty steady through this minor BLIP.

http://www.321gold.com/

This is why ‘diversity’ (in your investments) is your friend. ;)

[Bubba_Leroy]

Time to buy.

[Sequoyah101]

You mean like the ones that put out a buy recommendation one week and then two weeks later “discover” their buy is in the hole on income to pay their dividend?

Amazing isn’t it? Makes one wonder if the news letters and subscription services are not just loss leaders for the underlying trading activity doesn’t it? Nah. Couldn’t be. That would be illegal or something wouldn’t it?

BTW, Investing.com has completely changed their front page and the rest of the web site. Some IT child is seeking rleevance and job security again.

[Sequoyah101]

I notice now that one Malone Mitchell is in bed with ERCOT to build gas turbine plants using his gas of course. There has to be a sweetheart in there somewhere, otherwise he would not even crack the subject.

[central_va]

Problem: The cowards that man the tankers HAVE NO BALLS.

Solution: Trump/Hegseth if you are listening do this:

Have the US Navy or USCG temporarily crew the tankers and drive them thru the Straights of Hormuz. Then after they have cleared the straight the crews will be helo’d back to their ship. Then the snivelling cowards can go on their way.

[Sequoyah101]

Give them time, they’re working on it.

[Sequoyah101]

Too late, we’re alreay dead. Nice knowing us.

[Linda Tripp]

Not so bad 120 Minutes in.
Overnight spike in oil was biggest ever
It’s fading Now

[vpintheak]

Sounds like time to buy stocks!

[Bubba_Leroy]

Oh noes! Now the S&P 500 is only up 19% in the past year and 58% since Trump was elected!

[Sequoyah101]

Probably more about the insurance on the tankers.

[vpintheak]

It’s a world market FRiend. And you don’t know screwed on gas prices until your Alaska screwed.