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News articleNasdaq· March 5, 2026

Stocks Finish Lower as War Rages in the Middle East

View original at nasdaq.com
Stocks Finish Lower as War Rages in the Middle East The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.56%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.61%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.29%…
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  • 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
  • The government is considering emergency measures to stabilize crude prices

    80% confidence
  • Ships sailing through Strait of Hormuz could be at risk from missiles or rogue drones

    80% confidence
  • Four of six tanks at Saudi Arabia's Ras Tanura refinery were full

    80% confidence
  • Broadcom expects AI chip sales to top $100 billion next year

    80% confidence
  • Recent and expected data reflect a couple months of relatively high inflation, which certainly puts pause to any conclusion that we're done fighting this

    80% confidence
  • Most of American Eagle Outfitters' profit will be generated in the second half of the year

    80% confidence
  • A prolonged conflict in the Middle East would risk pushing inflation expectations higher

    80% confidence
  • Inflation is a bigger concern than economic growth as the ECB assesses the implications of the war in Iran

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

    80% confidence
  • ChatGPT pivoting away from on-platform shopping checkout would be a waterloo moment for AI-disruption of e-commerce

    80% confidence
  • The Ju'aymah terminal on Saudi Arabia's east coast is quickly running out of spare capacity

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

    80% confidence

Cited in these Via News reports

What we know · the intelligence behind this page
Live from the substrate
What we're seeing
Q4 2026 Biopharma Catalyst Cluster: Late-Stage Readouts and Regulatory Milestones
October 2026 brings a dense run of Phase 3 wins (ALOFT-IPF, RESTORE-3), new data presentations (Roche, Bayer, Lilly, Vertex, Galderma) and regulatory steps (FDA acceptance of Roche's vamikibart BLA, Scholar Rock's EMA resubmission). The next big catalyst is the ivonescimab FDA PDUFA date on 2026-11-14. Obesity combination studies (REDEFINE 4, TOGETHER-PsO) and the 2027 Maritime-1 completion point to more catalysts ahead. QAIAx's speculative AI-linked trial claims (the QIII pilot, targeted for 2027) are an unrelated micro-cap sideshow with weak evidence, and have little in common with the large-cap pipeline news.
Our read on the data ›
Signals we're tracking
EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
Patterns we're watching ›
Where sources disagree
ING Group
Both facts record the same metric (shares_outstanding) for ING Group at the identical observation date (2025-12-31). FACT A states 2,902,437,688 shares; FACT B states 2,902 million shares (2,902,000,000). The difference is 437,688 shares (~0.015%). This is a genuine value conflict, though the discrepancy appears to result from FACT B rounding to the nearest million while FACT A provides the precise count.
We flag conflicts openly ›
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