Amidst the tense US-Iran situation, AI investment boom... New York stock market fluctuates up and down

TechubNews · 2026-03-11T20:10:54+00:00

The New York Stock Exchange opened chaotically due to tensions between the US and Iran and consumer price index data, with the S&P 500 and Nasdaq diverging. The Middle East situation affected oil prices, and Trump hinted at the possibility of ending the war. The consumer price index remained stable, serving as a reference for the Federal Reserve's interest rate policy. Tech stocks were boosted by AI investments, while some consumer goods and financial stocks declined, and market volatility may continue.

TechubNews

2026-03-11 20:10:54

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The New York Stock Exchange experienced a chaotic opening on the 11th due to U.S.-Iran military tensions and the release of fresh consumer price index data. The S&P 500 and Nasdaq Composite diverged, drawing investor attention.

The main focus of the market is on tensions in the Middle East. Particularly, the ship attacks in the Strait of Hormuz have become a catalyst for oil price instability. Since about 20% of global oil passes through this vital route, instability in the region immediately impacts worldwide oil prices. In response, U.S. President Donald Trump hinted at the possibility of ending the conflict, drawing attention to his remarks.

Meanwhile, the consumer price index was also released on the same day. The CPI for February, including all items, rose 0.3% month-over-month, indicating a stable overall economic price trend. The core CPI also remained close to expectations, likely serving as a reference for the Federal Reserve’s future interest rate policies.

Communication and technology stocks performed strongly in the market. This sector was notably influenced by investments in artificial intelligence. For example, Nvidia announced a $2 billion investment in AI cloud company Nebius, causing its stock price to soar. On the other hand, some consumer goods and financial stocks failed to escape declines. Companies like AeroVironment saw their stock prices fall due to poor earnings performance.

These trends suggest that market volatility is likely to continue as international economic developments evolve. In particular, U.S.-Iran military tensions, oil price fluctuations, and price indicator movements will be key variables influencing the future direction of the stock market.

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