- Trump had told aides he was willing to end military hostilities in the Middle
East even if the Strait of Hormuz remained largely shut.
- Tuesday marks the final day of the month. The S&P 500 is down 7.8% in March.
If that decline holds, it would be the benchmark’s worst monthly performance
since September 2022 — when it plunged 9.3%.
- The information technology sector flashed a warning signal for investors at
the conclusion of Monday’s trading.
- Aluminum closed in on prices not seen since 2022 following Iranian attacks on
two Middle Eastern producers over the weekend, heightening fears of a supply
crisis for the industry.
- Marvell Technology rose more than 11% in Tuesday premarket trading after the
company announced chip giant Nvidia was investing $2 billion in the company.
- A broker for U.S. Defense Secretary Pete Hegseth sought to make a large
investment in major defense companies in the lead up to the Iran war, according
to the Financial Times. The Pentagon has dismissed the report.
- U.S. gasoline prices have surged above $4 per gallon for the first time in
more than three years, as the oil supply shock triggered by the Middle East war
rapidly drives up costs for families.
- Buffett Says If There Is A Big Market Decline, Berkshire Will Deploy Cash
