Why Is the Stock Market Down Today, 3/11/26?

FomoAnxiety

2026-03-11 21:57:58

Abstract generation in progress

Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading lower on Tuesday as the U.S.-Iran war drags into its 12th day.

Claim 70% Off TipRanks Premium

Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential

Oil prices continue to trend higher, shrugging off an announcement from the International Energy Agency (IEA) that its member states would release a record-breaking 400 million barrels of oil from their reserves. Higher energy prices threaten both inflation and economic growth by driving up transportation and energy costs, squeezing corporate margins, and deflating consumer sentiment.

Iran Tensions Place Inflation Back in the Spotlight

Iran has continued blocking traffic through the Strait of Hormuz and has reportedly begun deploying mines in the passageway. In addition, Iranian military spokesperson Ebrahim Zolfaqari warned the world to “Get ready for the oil barrel to ⁠be at $200.”

This morning, the Bureau of Labor Statistics (BLS) released February’s inflation report, showing prices rising by 2.4% annually and in line with the consensus estimate. However, the data was collected before the start of the U.S.-Iran war and is at risk of accelerating higher in March from increased oil and gas prices. Energy accounts for about 7% of the CPI basket, although its ripple effects on other goods and services raise its overall weight to roughly 15%.

Disclaimer & DisclosureReport an Issue

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.