The stock market actually doesn’t care as much about oil prices as you think

Site SearchClearSEARCHAdvanced Search ➔Search ResultsSymbolsNo results foundAll NewsArticlesVideoPodcasts0 ResultsNo Results FoundAuthorsNo results foundSectionsNo results foundColumnsNo results found FA CenterThe stock market actually doesn’t care as much about oil prices as you thinkPredicting the S&P 500’s direction based on oil moves is an empty betLast Updated: March 21, 2026 at 2:48 p.m. ETFirst Published: March 16, 2026 at 3:57 p.m. ETShareResizeListen(3 min)Fundstrat’s Tom Lee even argues that higher oil prices might actually provide a boost to the U.S. economy. Photo: Getty Images/iStockphotoAre rising oil prices good or bad for the economy and stock market?Few are even asking this question, since it seems obvious that higher oil prices CL00 CL.1 are unequivocally bad for stocks. Ever since the Iran conflict began more than two weeks ago, the financial media have attributed market rallies to falling oil prices, and vice versa. About the Author Mark HulbertMark Hulbert is a columnist for MarketWatch.

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