Dow closes in correction, S&P logs longest weekly losing streak in four years and oil settles at Iran-war highs
Source: CNN Business
Updated Mar 27, 2026, 4:09 PM ET
PUBLISHED Mar 27, 2026, 1:53 PM ET
New York - US stocks slid and the Dow closed in correction Friday as uncertainty about the duration of the war with Iran and nerves about energy inflation continued to weigh on markets. The Dow fell 793 points, or 1.73%, and closed at 45,167, down 10% from its peak above 50,000 in February.
The S&P 500 fell 1.67% and the Nasdaq declined by 2.15%. The Dow, S&P 500 and Nasdaq each closed at their lowest level since August.The Nasdaq extended losses after closing in correction territory Thursday. The index on Friday closed down more than 12.5% from its record high in October. The Nasdaq is made up of tech stocks that are more sensitive to the outlook for interest rates and economic growth.
The key factor is rising oil prices, which settled on Friday at their highest level since the war began. Oil prices climbed as investors grew skeptical of efforts to end the war. Brent crude, the global benchmark, rose 4.22%, to $112.57 per barrel. US crude oil rose 5.46%, to settle at $99.64 per barrel, after briefly hitting $100 per barrel.
“The diplomatic dissonance this week between the US and Iran dismayed investors,” Doug Beath, global equity strategist at Wells Fargo Investment Institute, said in a note.
Read more: https://www.cnn.com/2026/03/27/investing/us-stocks-iran
= new reply since forum marked as read
And, scene.
We Democrats aren't going down alone, bet on it. There's gonna be some pissed off Republicans this weekend.
All MAGA'S are Republican but not all Republicans are MAGA. Therefore, enter Brutus, for those that didn't get my headline.
This country has a madman here and bunch of feckless lackeys in Congress letting him and his criminal organization get away with it............and it dismayed investors................... where in the fuck have you been ...................JFC............your more stupid than I thought and and you have now achieved full blown idiocy................ what in the hell do you think was going to happen............oh yeah he is going to put his name on currency.......and sharpie pens ......he is more fucking worried about putting his fraudster name on things on .................anything, because of his ego.......his insanity ego............... 
building on Lastlib's every Friday market metrics in Personal Finance and Investing Group
The Dow and Nasdaq have entered correction territory (down more than 10% from their all-time closing highs)
The S&P 500 closed Friday March 27 at 6369, down 3.2% for the day,
and up 10.1% from the 5783 election day closing level,
and up 6.2% from the inauguration eve closing level,
and up 8.3% since the December 31, 2024 close
and down 7.0% Year-To-Date (since the December 31, 2025 close)
and down 8.7% from its all-time closing high (6979)
All time closing highs --
S&P 500: 6978.6 on January 27
DOW: 50,188 on February 10
NASDAQ: 23,857 on January 28
Percent changes Last 7 days and last 3 weeks
(the yield changes are the percentage points differences,
e.g. for the 2-Y Treasury, it went from 3.91% to 3.93%. a change of +0.02%)
Treasury notes' yields up means the notes' values are down
as likely people's bond portfolios
Yikes on the yield changes! The 30 year mortgage rate is strongly correlated with the 10 year Treasury.
For a 6- to 9-month perspective, depending on which graph, I like pasting these in because the automatically update. I wish I had one for the S&P 500, but I don't, oh well.
Dow, Oil, and Dollar (last several months) - they update a few hours (like about 6 hours) after the close
The attacks on Iran began on February 28.
Dow 30,
Crude Oil
US Dollar Index (DX-Y.NYB)
The graphs above update automatically. So they are up-to-date a few hours after each close.
There should be 3 graphs above. If you see little image squares and no graphs, right click on each such image square and choose Load Image.
