economy
March 13, 2026
Oil and Nvidia are key for Wall Street next week amid Iran war volatility
Investors will be awaiting developments with Nvidia and the Middle East as the war against Iran by the U.S. and Israel faces a third week.
TL;DR
- Oil prices have surged significantly due to the ongoing war against Iran, impacting major stock market averages.
- The closure of the Strait of Hormuz, a key oil passageway, is a major concern for markets.
- Nvidia's upcoming GTC conference is anticipated to offer potential support to the broader market, particularly with advancements in AI inference.
- The Federal Reserve's upcoming policy meeting is expected to provide little immediate action on interest rates but may offer clues about future cuts.
- Investors are advised to focus on long-term economic growth and corporate earnings despite short-term geopolitical fluctuations.
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