KUWAIT SAYS IRAN-BACKED DRONES TARGET FUEL TANKS AT KUWAIT AIRPORT - STATE NEWS AGENCY

HK AUTO STOCKS RALLY; NIO, VOYAH +10%, LEAPMOTOR +6%, LI AUTO, GEELY +3%

- 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