Stock Market Tumbles On Oil Prices, Surging Yields; Nvidia, Micron Upbeat: Weekly Review

Global stock markets fell sharply in March 2026 after breaching critical support levels, driven by escalating oil prices and rising bond yields linked to geopolitical tensions in the Iran conflict. Oil prices surged amid supply chain disruptions and regional instability, pressuring equities as investors priced in higher inflation and reduced corporate profitability. Bond yields climbed as traders anticipated prolonged monetary tightening, further straining risk assets and triggering sell-offs in growth-dependent sectors. Despite the downturn, Nvidia and Micron reported upbeat outlooks, buoyed by sustained demand for AI and semiconductor technologies, offering rare resilience in the volatile market. The sell-off underscored deepening concerns over energy shocks and monetary policy, with analysts warning of prolonged volatility if geopolitical risks persist.