S&P 500 falls, crude rises as Middle East war rages on

After having rallied at the open, the S&P 500 reversed direction and closed down as the US and Israel separately said they were intensifying their attacks on Iran, denting hopes for a de-escalation.

Brent Crude settled above $US103 a barrel for a second straight session. Gold slid, holding below the $US5100 mark. The US 10-year bond yield edged higher after fourth-quarter economic growth was revised lower and inflation accelerated.

Source: https://www.afr.com/markets/equity-markets/wall-street-gains-wiped-out-crude-rises-as-war-rages-on-20260314-p5oafo