Crude Chaos Leaves Major Indexes Swimming in Red Ink

Schaeffers
2026.03.13 19:47
portai
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This week, Wall Street faced volatility due to stagflation fears, crude oil prices, and geopolitical tensions, leading to losses in major indexes. Key earnings reports included positive results from Nio and Oracle, while Ulta Beauty missed expectations. Upcoming economic indicators, including the FOMC interest rate decision and producer price index, are anticipated. Notable companies like Alibaba and FedEx are set to report earnings next week, amidst ongoing concerns about inflation and oil price spikes.