S&P Falls as Oil Rises
March 26,2026 10:46 AM EST
The S&P 500 fell on Thursday, weighed by higher oil prices, as traders followed the latest developments out of the Middle East.
The Dow Jones Industrials gained 52.26 points to 46,481.75.
The much-broader index subtracted 23.14 points to 6,568.50
The NASDAQ lost 131.79 points to 21,798.04.
President Donald Trump said in a Truth Social post that Iran “better get serious soon, before it is too late, because once that happens, there is NO TURNING BACK, and it won’t be pretty.” Trump also labeled Iranian negotiators as “very different” and “strange,” claiming they were “begging” the U.S. to make a deal to end the now four-week war.
This comes after Iran’s foreign minister reportedly told state media on Wednesday that top authorities in the Middle Eastern nation are reviewing an American proposal to end the war, but Tehran has no intention of having talks with the U.S.
Meanwhile, Gulf countries issued a joint statement Thursday condemning Iran’s “criminal” strikes from Iraqi territory on their energy infrastructure. They added that they are ready to defend themselves going forward.
Prices for the 10-year Treasury dropped, raising yields to 4.36% from Wednesday’s 4.33%. Treasury prices and yields move in opposite directions.
Oil prices gained $2.45 to $92.77 U.S. a barrel.
Gold prices gave back $98.90 to $4,553.10 U.S. an ounce.
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