Stock Market Update
10-Mar-26 14:55 ET
Major averages holding on to modest gains late in the session
Dow +99.59
at 47839.28,
Nasdaq +52.82
at 22748.78,
S&P +4.10
at 6802.08
[BRIEFING.COM] The S&P 500 (+0.1%), Nasdaq Composite (+0.2%), and DJIA (+0.2%) continue to hold modest gains this afternoon, though sector strength is more of a mixed bag.
Geopolitical developments involving Iran continue to generate headlines as the market enters the final hour of the session.
Energy Secretary Chris Wright said via X that the U.S. Navy has successfully escorted a tanker through the Strait of Hormuz, though CNBC refuted the claim shortly after. CNBC also reported that a Ghana-flagged tanker successfully passed through the strait.
However, CBS reporter Jennifer Jacobs said via X that "U.S. intelligence assets have begun to see indications Iran is taking steps to deploy mines in Strait of Hormuz shipping lane. Iran is using smaller crafts that can carry 2 to 3 mines each."
Crude oil futures settled today's session $10.88 lower (-11.5%) at $83.85 per barrel.
