What Moved Markets This Week

Wall Street Breakfast5.74M FollowersSubscribe5ShareSavePlay(6min)Comment(1) Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify. e-crow/iStock via Getty Images Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition. Wall Street closed the trading week lower as investors digested fresh inflation data from the consumer price index report, ongoing volatility in energy markets remained present with Brent crude topping $100 amid U.S.–Iran tensions, and reports surfaced that a federal judge blocked Justice Department subpoenas targeting Federal Reserve Chair Jerome Powell.Inflation data showed that the consumer price index rose 0.3% month-over-month in February, accelerating from a 0.2% increase in January and matching economists’ expectations.The oil and gas sector remained highly volatile as the ongoing U.S.–Iran conflict kept the Strait of Hormuz at the center of market attention. Brent crude settled above $100 per barrel on Thursday, marking its first close at that level in roughly three and a half years as investors grew increasingly concerned about prolonged disruptions to global oil supplies.A federal judge has reportedly blocked subpoenas issued by the Justice Department targeting Federal Reserve Chair Jerome Powell.

Judge James Boasberg moved to squash the requests, which sought information related to Powell’s testimony before the Senate Banking Committee last June.For the week, the S&P (SP500) lost -1.6%, while the tech-heavy Nasdaq Composite (COMP:IND) dipped -1.3%, and the blue-chip Dow (DJI) fell -2.0%. Read a preview of next week's major events in Seeking Alpha's Catalyst Watch. Hormuz blockade As the Iran war rages on, countries around the world are facing soaring energy prices that could dampen economic growth and boost inflation of necessities. The biggest threat is the closure of the Strait of Hormuz, a narrow waterway vital for the transit of roughly 20% of the world’s oil and LNG supply. Some nations are more insulated than others, but each one of them has responded to the crisis. Read more here. Seeking Alpha's Calls Of The Week Nebius (NBIS): Here Is Why I'm Pounding The Table.Time To Buy ServiceNow (NOW) After Software's Crash.PDO Successfully Navigates Challenging Market Conditions.United Therapeutics' (UTHR) Ralinepag To Disrupt PAH Market.Upgrading Rocket Lab (RKLB) To Buy After Strategic Reset.Neutral On AeroVironment (AVAV) After Brutal Reality Check.Chevron (CVX): Tread Carefully, Avoid Market Top Bargains.Philip Morris (PM): Wait For Deeper Pullback Before Adding.2026-2028 Window Should Determine Tesla’s (TSLA) Fate.OptimizeRx’s (OPRX) Earnings Indicate Caution For 2026. Weekly Movement U.S. IndicesDow -2.0% to 46,558. S&P 500 -1.6% to 6,632. Nasdaq -1.3% to 22,105. Russell 2000 -1.8% to 2,480. CBOE Volatility Index -7.8% to 27.19. S&P 500 SectorsConsumer Staples -0.2%. Utilities +0.4%. Financials -3.4%. Telecom -1.2%. Healthcare -2%. Industrials -3.2%. Information Technology -0.8%. Materials -1.6%. Energy +2.1%. Consumer Discretionary -3%. Real Estate -1.3%. World IndicesLondon -0.2% to 10,261. France -1% to 7,912. Germany -0.6% to 23,447. Japan -3.2% to 53,820. China -0.7% to 4,095. Hong Kong -1.1% to 25,466. India -5.5% to 74,564. Commodities and BondsCrude Oil WTI +8.6% to $98.71/bbl. Gold -1.9% to $5,061.7/oz. Natural Gas -1.7% to 3.131. Ten-Year Bond Yield -0.2 bps to 4.285. Forex and CryptosEUR/USD -1.74%. USD/JPY +1.22%. GBP/USD -1.39%. Bitcoin +5.8%. Litecoin +3.9%. Ethereum +6.7%. XRP +3.3%. Top S&P 500 GainersSandisk (SNDK) +25%. Micron Technology (MU) +15%. Ciena (CIEN) +15%. CF Industries Holdings (CF) +12%. The Mosaic (MOS) +11%. Top S&P 500 LosersFair Isaac (FICO) -23%. Centene (CNC) -21%. Paramount Skydance (PSKY) -19%. Ulta Beauty (ULTA) -17%. The Campbell's (CPB) -16%. Where will the markets be headed next week? Current trends and ideas? Add your thoughts to the comments section. This article was written byWall Street Breakfast5.74M FollowersSubscribeWall Street Breakfast, Seeking Alpha's flagship daily business newsletter, is a one-page summary that gives you a rapid overview of the day's key financial news. It is designed for easy readability on the site or by email (including mobile devices) and is published before 7:30 AM ET every market day.

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