{"id":4069,"date":"2026-03-20T15:17:51","date_gmt":"2026-03-20T15:17:51","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4069"},"modified":"2026-03-20T15:17:51","modified_gmt":"2026-03-20T15:17:51","slug":"us-market-extends-selloff-on-friday-dow-jones-down-100-points","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4069","title":{"rendered":"US market extends selloff on Friday, Dow Jones down 100 points"},"content":{"rendered":"
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Wall Street opened lower on Friday as the escalating conflict involving Iran approached its fourth week, unsettling energy markets and forcing investors to reassess expectations for interest-rate cuts by the Federal Reserve.<\/p>\n

Dow Jones Industrial Average, S&P 500, and Nasdaq 100 all opened lower. <\/p>\n

Dow Jones Industrial Average was down 0.23% or 104 points. The S&P 500 fell 0.45% while Nasdaq 100 declined 0.64%. <\/p>\n

The conflict showed no signs of easing, with Iran reportedly attacking an oil refinery in Kuwait and discussions emerging around potential US actions targeting Iran\u2019s Kharg Island. <\/p>\n

These developments have heightened concerns about disruptions to the Strait of Hormuz, a critical global oil artery.<\/p>\n

Oil prices, after briefly easing, resumed their rally. Brent crude rose as high as $111.22 a barrel, while West Texas Intermediate climbed to $96.40, keeping energy markets volatile and adding pressure to equities.<\/p>\n

Oil prices complicate Fed Policy Outlook<\/h2>\n

The surge in oil prices has added a layer of complexity for policymakers at the Federal Reserve. <\/p>\n

While officials are still projecting at least one rate cut this year, market expectations have shifted significantly. <\/p>\n

Traders are now pushing bets for a rate cut to 2027, compared with December 2026 earlier this month.<\/p>\n

Fed Governor Christopher Waller warned that persistently high oil prices could feed into core inflation if sustained over months.<\/p>\n

Despite the uncertainty, some corporate signals offered reassurance. <\/p>\n

FedEx issued upbeat forecasts and said global demand remained steady, sending its shares up 3.2%. <\/p>\n

Rival United Parcel Service also edged higher.<\/p>\n

Energy companies Halliburton and Cheniere Energy were also trading higher on Friday. <\/p>\n

Volatility rises amid \u201ctriple witching\u201d and weak trend<\/h2>\n

Markets also faced technical and structural pressures. <\/p>\n

Friday marked the quarterly \u201ctriple witching\u201d event\u2014when stock options, index options, and futures expire simultaneously\u2014often leading to increased trading volumes and sharper volatility. <\/p>\n

The CBOE Volatility Index ticked higher, reflecting investor unease.<\/p>\n

Major indexes were on track for their fourth consecutive weekly losses, with all three falling below their 200-day moving averages, a key long-term technical indicator. <\/p>\n

The small-cap-focused Russell 2000 briefly entered correction territory earlier in the week.<\/p>\n

Dow and Nasdaq are trading around 8% below its all time highs from February 10 and October 29 respectively. <\/p>\n

The S&P 500 is 5% below its all time high. <\/p>\n

Sector performance diverged sharply. <\/p>\n

Energy stocks extended a record winning streak, benefiting from geopolitical risks and higher crude prices. <\/p>\n

Meanwhile, technology shares showed mixed movement, with Micron shares traded in green while AMD shares fell. <\/p>\n

However, Super Micro Computer plunged 24.6% after reports that individuals linked to the company were charged in a $2.5 billion technology smuggling case involving China.<\/p>\n

Amazon shares fell 1% after a Reuters report said, the company is planning to release a new smartphone to compete against Apple and Samsung. <\/p>\n

Investor sentiment remains fragile. As Wells Fargo strategist Scott Wren noted: \u201cAll the near-term action depends on the Strait opening,\u201d<\/p>\n<\/p>\n

The post US market extends selloff on Friday, Dow Jones down 100 points<\/a> appeared first on Invezz<\/a><\/p>\n

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Wall Street opened lower on Friday as the escalating conflict involving Iran approached its fourth week, unsettling energy markets and forcing investors to reassess expectations for interest-rate cuts by the Federal Reserve.Dow Jones Industrial Average, S&P 500, and Nasdaq 100 all opened lower. Dow Jones Industrial Average was down 0.23% or 104 points. The S&P…<\/p>\n","protected":false},"author":1,"featured_media":4070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4069"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4070"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}