At mid-day on March 13, America's broad index of stocks, the S&amp;P 500, and the tech-heavy Nasdaq Composite lost the gains that both indices <a href="https://oninvest.com/article/akcii-ssa-rastut-na-fone-valyh-ekonomiceskih-dannyh-pocemu">had posted in</a> the early hours of the trading session.

The market is waiting for the opening of the Straits Times: the S&amp;P 500 and Nasdaq lost gains, oil soared to $102

Major U.S. stock indexes rose in early trading on March 13 - data on U.S. GDP for the last quarter of 2025, as well as indicators of the index of personal consumption expenditures in the States for January indicated a slowdown in the economy, than strengthened hopes for lower interest rates of the Federal Reserve, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-03-13/us-stocks-rise-as-tepid-economic-data-boosts-rate-cut-hopes">writes.</a>

U.S. stocks rise amid sluggish economic data. Why.

Quotes of Brent crude oil at the auction on March 13 fell to a daily low of $98.45, down 1.5% from the previous close. Futures for the U.S. Mark WTI oil also fell to $93.03, losing more than 2%. At the same time during the session, Brent jumped up to $102.75 per barrel amid the ongoing escalation of the conflict in the Middle East, while WTI traded at an intraday high above $98.

Oil has fallen below $100 a barrel: what's going on?

Iran's "strategy to create economic chaos in the Persian Gulf seems to be working," analyst says

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Markets were skeptical about the decision of the International Energy Agency (IEA) to <a href="https://oninvest.com/article/mea-soglasovalo-krupnejsee-v-istorii-vysvobozdenie-rezervov-nefti-cto-na-rynkah">release a record</a> volume of oil reserves in its history. Brent on the background of this news rose to $93 per barrel (although during the day on March 11 fell to $86), the stock index of "blue chips" Dow Jones - lost 1%.

IEA's record inventory blowout didn't help: Dow Jones loses 1%, oil rises to $93

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While Trump claims the campaign in the Middle East is nearing an end, Iran is rallying around the new supreme leader and promises to continue its blockade of oil shipments through the Strait of Hormuz

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The company is leaning toward listing its shares on the Nasdaq exchange, sources told Reuters

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The Nasdaq Composite Technology Index, which plunged more than 1 percent in early trading on March 9 - eventually came out in the plus side

Evgeniia Maliarenko

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The market is waiting for the opening of the Straits Times: the S&P 500 and Nasdaq lost gains, oil soared to $102