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Market Report, 2026-03-11

Stocks rotated, and the overall market ended the day flat as investors digested information from many fronts. On the one hand, the inflation reading came out in line with economists’ expectations, calming investor concerns about a potential surge in inflation in February. On the other hand, oil prices bounced back higher even though the International Energy Agency is coordinating its largest-ever emergency oil release, amounting to 400 million barrels. The conflict in the Middle East continues. Iran has reportedly provided what appears to be an offramp to the war, which would require the U.S. to guarantee that neither the U.S. nor Israel will strike the country in the future. Nevertheless, the market is not buying any changes to happen based on that condition.

The Dow Jones Industrial Average, an index with much narrower breadth, declined by 289 points to 47,417. The NASDAQ rose 0.03% to 24,965. The S&P 500 slid 0.08% to 6,776. From a sector perspective, technology and energy largely held the market together, as every other sector ended the day in the red.

The bond market also sold off as the market expects fewer rate cuts in the future interest-rate trajectory, as higher oil prices could bring about higher inflation. There is even a slight chance of a rate hike by late 2027 priced in. The U.S. 5-year Treasury yield rose 9 basis points to 4.23%, while the 10-year yield rose 11 basis points to 4.88%.

There will be weekly jobless claims, January U.S. trade deficit data, and some real estate–related data released tomorrow. We will also watch for further developments in the Middle East. This is Adams Wealth Advisor, and thank you for listening.