Major U.S. indices <a href="https://www.cnbc.com/2026/03/08/stock-market-today-live-updates.html">collapsed</a> at the opening on March 9 by more than 1%. The war in the Middle East has pushed the oil market beyond previous stress models. Brent is trading around $100 per barrel, and at the opening of the Asian session the price rose to almost $120. The main driver is not only strikes on energy infrastructure, but also the actual stoppage of traffic through the Strait of Hormuz. For investors, this is no longer a local geopolitical episode, but a whole macroeconomic shock, which strengthened the demand for the dollar, <a href="https://www.ft.com/content/176a8568-5982-459a-a36a-d2cbf577568a?utm_source=chatgpt.com#:~:text=Iran%20war%20muddles%20expectations%20of%20likely%20Federal%20Reserve%20interest%20rate%20cuts">reduced</a> expectations of a soon easing of the Fed policy, and led to a large-scale sell-off in Europe and Asia.

A nightmare, prolonged stress or a quick pullback: what to expect on Wall Street

Novo Nordisk A/S

Hims & Hers Health, Inc.

U.S. site Hims &amp; Hers could announce a renewed partnership with Denmark's Novo Nordisk as soon as Monday

Shares of online pharmacy Hims &amp; Hers soared 40% amid a general sell-off. What is it?

Exxon Mobil Corporation

Chevron Corporation

The sell-off in U.S. stock markets continued on March 9 after the biggest weekly drop since last October - the prospect of a protracted war in Iran has sent energy prices soaring and heightened fears of rising inflation.

"Stress and volatility unlikely to subside": major US equity indices lose more than 1%

Samsung Electronics Co., Ltd.

SK hynix Inc.

Taiwan Semiconductor Manufacturing Company Limited

Western investment giants are actively buying back shares of Asian beneficiaries of the AI boom after a record drawdown 

AI vs. geopolitics: how the Iran war opened a window for investment in Asia's IT sector

The largest oil exporter - Saudi Arabia - is cutting production following the UAE and Kuwait, Bloomberg sources report. The reason is the same: full storage facilities due to the actual blockage of the Strait of Hormuz. By mid-day on March 9, the Brent price had consolidated above $100 a barrel, having fallen from a peak of $120. The risks of a physical oil shortage are somewhat exaggerated, <a href="https://www.facebook.com/dmitry.al.nekrasov/posts/pfbid02KEfWuURAD4D2obTXwaKGuxm4xCSxiPscEeRwy3Q4AXG1z69SqpPKjKNqtMdmniv5l">Dmitry Nekrasov</a>, director of the CASE (Center for Analysis and Strategies in Europe) analytical center, wrote in his <a href="https://t.me/s/dnekrasov">Telegram channel</a>.

Is the oil apocalypse off? Why the world is not in danger of running out of physical oil

Saudi Arabia, the world's <a href="https://www.ft.com/content/aaaad78b-2980-4bb3-90f8-e8d7ab617796">largest</a> oil producer in the Persian Gulf and the <a href="https://www.worldometers.info/oil/oil-production-by-country/">second</a> <a href="https://www.ft.com/content/aaaad78b-2980-4bb3-90f8-e8d7ab617796">largest</a> after the United States, has started to cut production, a source familiar with the situation <a href="https://www.bloomberg.com/news/live-blog/2026-03-08/iran-latest-mmia2vxb?srnd=homepage-europe">told</a> Bloomberg. According to him, Saudi Arabia took such a decision due to the actual blockage of the Strait of Hormuz - a narrow water passage off the coast of Iran, through which passes a fifth of all maritime oil transportation. Restriction of shipping through this route has led to the filling of oil storage tanks in the country, Bloomberg writes.

The Gulf's largest oil producer has begun cutting production

APA Corporation

Devon Energy Corporation

Diamondback Energy, Inc.

ConocoPhillips

United Airlines Holdings, Inc.

Delta Air Lines, Inc.

Royal Caribbean Cruises Ltd.

Carnival Corporation & plc

Southwest Airlines Co.

AppLovin Corporation

Western Digital Corporation

Vertiv Holdings Co

Lumentum Holdings Inc.

Coherent Corp.

EchoStar Corporation

Napco Security Technologies, Inc.

Alexander & Baldwin, Inc.

Day One Biopharmaceuticals, Inc.

BlackRock, Inc.

Western Alliance Bancorporation

Guidewire Software, Inc.

Rumble Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: "bears" have come out of hibernation

Alibaba Group Holding Limited

NVIDIA Corporation

American Airlines Group Inc.

Meta Platforms, Inc.

Investor and billionaire David Tepper has liquidated positions in U.S. regional banks, a sector he has been buying back during periods of market turbulence, Appaloosa Management's fourth-quarter 2025 <a href="https://13f.info/13f/000165645626000001-appaloosa-lp-q4-2025">report</a> showed. The investor also began taking money out of chip makers. Tepper used the freed-up capital to buy shares of Alphabet, Meta and troubled American Airlines. How his portfolio has changed - in this material.

Nvidia, Alibaba, American Airlines: how billionaire David Tepper's portfolio has changed

One of Wall Street's top bulls believes U.S. stocks face a growing threat of a sharp selloff this year because of escalating war in the Middle East

'Between Iran and the anvil': Yardeni founder doubles down on risk of US market collapse

European stocks fell sharply at the opening of trading on March 9: the main indices declined by more than 2%. Investors on Monday faced a new round of turbulence in global markets: amid escalation in the Middle East, oil prices exceeded $110 per barrel for the first time since 2022, which caused a panic sell-off on Asian stock markets and expectations of a collapse in the United States.

European markets started the week down more than 2% after oil prices surged

IMF chief Kristalina Georgieva urged central bankers to "think about and prepare for the unthinkable"


"Markets see no path to retreat": analysts - on the risks of a protracted war in Iran

The escalating war with Iran has sent oil futures above $110 a barrel due to supply disruptions across the Strait of Hormuz and attacks on energy infrastructure. Against this background, the G7 is going to consider the possibility of printing strategic oil reserves to stabilize prices. These and other topics - in our review of key events for the morning of March 9.

Oil