FOMC voted 11-1 to keep rates at 3.5%–3.75% and pared the 2026 easing signal to one cut. Stocks fell to 2026 lows — Dow −768 pts, S&P 500 −1.36% to 6,624.70 — as core PCE forecasts were revised up to 2.7%.
All 11 S&P 500 sectors advanced for the first time since Iran's Hormuz closure. S&P gained 0.66% to 6,760, Dow up 0.91%, yield at 4.20%, ahead of Wednesday's FOMC.
XLE up 27% YTD as Brent crude holds above $103, driving the sharpest US sector divergence in years. Tech compresses under 4.27% Treasury yields as the FOMC convenes.
S&P 500 at 6,632 enters Monday with three straight weekly losses. FOMC decision Wednesday, Nvidia GTC keynote Monday, and PPI data define the pivotal week of March 16–20.
US Market Updates provides data-driven analysis of American equities, Federal Reserve policy, sector performance, and key economic indicators. Our coverage is sourced from exchanges, the Federal Reserve, and government statistical agencies — written for readers who demand substantive market intelligence beyond the headlines.
