IEA's record 172M-barrel emergency release failed to keep Brent below $100 as Iran kept the Strait of Hormuz closed and consumer confidence fell to 55.5 — a 2026 low.
S&P 500 fell to 6,632.19 (–0.61%) as all three major US indexes posted a third consecutive weekly loss, with WTI crude near $98, Q4 GDP revised to 0.7%, and the FOMC meeting next week.
S&P 500 fell to 6,672.62 and the Dow shed 739 points as Brent crude settled at $100.46, the 10-year yield climbed to 4.24%, and the Russell 2000 lost 2.1%.
Dow sheds 289 points as Iran war tensions drive WTI crude to $87.25 per barrel. Feb CPI rose 2.4% on-target while Oracle jumped 9% on earnings.
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