Latest / MPC Markets Morning Call
Stocks hit 7-month low as Oil settles above $100
The first quarter of 2026 closes with markets scarred by the ongoing US-Israeli war against Iran. The S&P 500 fell 0.4% to 6,343.33 on Monday, leaving it 8.7% below its record close, while the Nasdaq Composite shed 0.73% to 20,795.20 and the Dow eked out a 0.12% gain to 45,219.91, technically exiting correction territory. WTI crude rose 4.6% to $104.18 a barrel and Brent topped $115 intraday before settling near $114.22, putting Brent on track for a record monthly percentage gain. The quarter has been historic for energy markets — Brent is up 85% since January, its largest quarterly rise…
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