Stock market today: Dow plunges over 1,100 points, S&P 500 and Nasdaq sink as oil surges amid war worries

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• Banks will see a first quarter lift to trading business from increased volatility across many markets from the war on Iran

  80% confidence

• Since 2009, the S&P 500 has seen more than 30 pullbacks of greater than 5%, suggesting stocks can be resilient in face of bad news

  80% confidence

• Markets will tend to take their initial cues from the leaders running point on the war (Trump, Hegseth, and so on)

  80% confidence

• Target's 2025 results will be a low-water mark

  80% confidence

• The US campaign against Iran would only intensify and could involve American boots on the ground for as long as needed

  80% confidence

• Best Buy expects first quarter same-store sales to return to growth, rising 1%

  80% confidence

• The hardest hits from US military operations against Iran are yet to come

  80% confidence

• Target's overall market share was at least flat, pointing to slightly softer customer demand during the holiday quarter

  80% confidence

• A 10% increase in crude oil prices typically raises core inflation by 4 basis points and headline inflation by 20-30 basis points

  80% confidence

• Target should stay in the penalty box and is a 'prove it' stock, recommending investors favor Walmart or Costco instead

  80% confidence

Cited in these Via News reports

• Gas Prices Jump 85% After Iran Strikes Energy Sites, Fed Policy Shift Threatens Global Banks →
• Global Markets Plunge as Iranian Energy Strikes Send Korean Stocks Down 12%, European Gas Up 85% →
• Iran Strikes Send Global Energy Prices Soaring as Central Banks Face Stagflation Dilemma →
• Oil Surges 8%, Global Markets Tumble as Iranian Strikes Reignite Fed-Treasury Coordination Debate →