Daily Market Brief

Category: Daily Brief · Date: 2026-03-12

Oil surges +9.2% to $95 as Iraq drawn into war (Basra terminals shut, 3.3M bpd offline). Hezbollah launches largest-ever barrage (200 rockets + 20 drones). Mojtaba's first speech codifies Hormuz closure as Supreme Leader policy. SPY -1.04%, IWM -1.86%. CNN F&G 24 (Extreme Fear). AAII bears 46.4%. Section 301 probes launched (16 economies). DG/DKS beat. ADBE tonight. 30Y auction. GTC + FOMC next week.

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