The S&P 500 fell 0.4% as a rout in chipmakers offset gains in most major groups. Inflation expectations seem to be “well anchored beyond the short term,” Powell said Monday during an event at Harvard University. He added that officials may need to respond to the impact from the conflict, but that it’s not the case yet. The conflict has severed a crucial route for energy supplies, boosting oil prices and driving stocks toward their worst month since 2022. The team led by Ben Snider expects S&P 500 earnings to grow at a solid 12% this year, barring a severely prolonged disruption.

Source: The Edge Markets March 30, 2026 22:34 UTC