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News articleNasdaq· March 3, 2026

Stocks Tumble as Crude Oil Soars and Bond Yields Rise

View original at nasdaq.com
Stocks Tumble as Crude Oil Soars and Bond Yields Rise The S&P 500 Index ($SPX) (SPY) today is down -1.82%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -2.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.78%…
Opening lines of the source · Nasdaq · short snapshot — read the full document at the original

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  • Iran's leaders should capitulate

    80% confidence
  • We will set fire to any ship attempting to pass through the Strait of Hormuz

    80% confidence
  • Full-year revenue forecast of $3.35 billion to $3.45 billion

    80% confidence
  • Full-year adjusted EPS forecast of $7.50 to $8.50

    80% confidence
  • Combat operations against Iran could last for weeks until all objectives were completed

    80% confidence
  • S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth

    80% confidence
  • Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%

    80% confidence
  • The real-time risk premium for crude oil is $18/bbl, corresponding to the estimate of the impact of a six-week full halt to tanker traffic in the Strait of Hormuz

    80% confidence
  • Full-year net sales at constant currencies forecast to increase by +23%

    80% confidence
  • 2027 revenue forecast of $2.86 billion to $2.90 billion

    80% confidence
  • Q4 revenue forecast of $425 million to $435 million

    80% confidence
  • Iran has no intention of negotiating with the US

    80% confidence

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