{"id":5516,"date":"2026-03-30T14:44:02","date_gmt":"2026-03-30T14:44:02","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/03\/30\/stock-market-news-for-mar-30-2026-the-globe-and-mail\/"},"modified":"2026-03-30T14:44:02","modified_gmt":"2026-03-30T14:44:02","slug":"stock-market-news-for-mar-30-2026-the-globe-and-mail","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/03\/30\/stock-market-news-for-mar-30-2026-the-globe-and-mail\/","title":{"rendered":"Stock Market News for Mar 30, 2026 &#8211; The Globe and Mail"},"content":{"rendered":"<p><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Wall Street closed sharply lower on Friday, pulled down by concerns over the Iran conflict. Investor sentiment was clearly risk-off and bearish, with markets sliding into correction territory on geopolitical tensions, surging oil prices and rising inflation fears. All three benchmark indexes ended in the red and at their lowest levels in over seven months.<\/span><\/span><br \/><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">The Dow Jones Industrial Average (DJI) fell 1.7%, or 793.47 points, to close at 45,166.64. Twenty-four components of the 30-stock index ended in negative territory, while six ended in the positive.<\/span><\/span><br \/><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">The tech-heavy Nasdaq Composite lost 459.72 points, or 2.2%, to close at 20,948.36.<\/span><\/span><br \/><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">The S&#038;P 500 fell 108.31 points, or 1.7%, to close at 6,368.85. Eight of the 11 broad sectors of the benchmark index closed in the red. The Consumer Discretionary Select Sector SPDR (XLY), the Financials Select Sector SPDR (XLF) and the Communication Services Select Sector SPDR (XLC) declined 3.1%, 2.5%, 2.3% respectively, while the Energy Select Sector SPDR (XLE) advanced 1.9%.<\/span><\/span><br \/><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">The fear gauge CBOE Volatility Index (VIX) increased 13.2% to 31.05. A total of 18.1 billion shares were traded on Friday, lower than the last 20-session average of 20.4 billion. Decliners outnumbered advancers by a 3.38-to-1 ratio on the NYSE and by a 3.62-to-1 ratio on the Nasdaq Composite.<\/span><\/span><br \/><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Wall Street ended Friday sharply lower as intensifying developments in the Iran conflict rattled global markets and eroded investor confidence. Continued military exchanges in the region, along with threats to oil supply routes such as the Strait of Hormuz, fueled fears of prolonged disruption. Crude prices surged amid concerns over supply constraints, amplifying inflation worries and adding pressure on already fragile market sentiment. Reports of expanding regional involvement and limited diplomatic progress further deepened uncertainty.<\/span><\/span><br \/><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Investors found little reassurance in remarks from President Trump suggesting a potential resolution within 10 days, with markets largely dismissing the statement as overly optimistic. Sentiment remained firmly risk-off and bearish, triggering broad-based selling across sectors. All three major benchmark indexes closed in the red, slipping to their lowest levels in over seven months, underscoring how geopolitical risks and energy shocks continue to dominate the near-term outlook for global equities. Tech, discretionaries and financials were the worst-hit.<\/span><\/span><br \/><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Consequently, shares of Amazon.com, Inc. <a target=\"_blank\" href=\"https:\/\/www.zacks.com\/stock\/quote\/AMZN\" rel=\"noopener nofollow\">AMZN<\/a> and JPMorgan Chase &#038; Co. <a target=\"_blank\" href=\"https:\/\/www.zacks.com\/stock\/quote\/JPM\" rel=\"noopener nofollow\">JPM<\/a> plunged 4% and 3%, respectively. While AMZN carries a Zacks Rank #3 (Hold), JPM has a #2 (Buy). You can see <a target=\"_blank\" href=\"https:\/\/advisortools.zacks.com\/Research\/Equity\/ModelPortfolios?AdLinkId=MarketUpdate\" rel=\"noopener nofollow\"><strong>the complete list of today&#8217;s Zacks #1 Rank (Strong Buy) stocks here.<\/strong><\/a><\/span><\/span><br \/><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">On Friday, the Dow Jones Industrial Average confirmed a move into correction territory, defined as a decline of at least 10% from recent highs, as the prolonged Middle East conflict dampened investor sentiment. The Dow closed more than 10% from its Feb. 10 record close, and follows the Nasdaq in going into the correction zone.<\/span><\/span><br \/><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">The three U.S. benchmark stock indexes declined for a fifth consecutive week as escalating Middle East tensions, surging oil prices, persistent inflation fears and interest rate uncertainty continued to weigh on investor sentiment. The tech-focused Nasdaq fell 3.2%, the S&#038;P 500 and Dow lost 3.2%, 2.1% and 0.9%, respectively.<\/span><\/span><br \/><span style=\"font-size:14px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">The University of Michigan Consumer Sentiment report was out on Friday, and the March number came in at a much lower than expected 53.3. The number for February remained unrevised at 56.6.<\/span><\/span><\/p>\n<p>The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.<br \/>Investors who bought shares like Nvidia at the right time have had a shot at huge gains.<br \/>But the rocket ride in the &#8220;first wave&#8221; of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.<br \/>Zacks&#8217;\u00a0<em>AI Boom 2.0: The Second Wave<\/em> report reveals 4 under-the-radar companies that may soon be shining stars of AI\u2019s next leap forward.<br \/>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. <a target=\"_blank\" href=\"https:\/\/www.zacks.com\/registration\/pfp\/?ALERT=RPT_7BST_LP194&#038;ADID=SYND_BARCHARTL_7BEST_MARKETNEWS_2891428&#038;cid=CS-BARCHARTL-FT-market_news-2891428\" rel=\"noopener nofollow\">Click to get this free report<\/a><br \/><a target=\"_blank\" href=\"https:\/\/www.zacks.com\/stock\/news\/2891428\/stock-market-news-for-mar-30-2026?cid=CS-BARCHARTL-FT-market_news-2891428\" rel=\"noopener nofollow\">This article originally published on Zacks Investment Research (zacks.com).<\/a><br \/><a target=\"_blank\" href=\"https:\/\/www.zacks.com\/\" rel=\"noopener nofollow\">Zacks Investment Research<\/a><br \/>All<!-- --> <a href=\"https:\/\/www.barchart.com\/solutions\/data\/market\" target=\"_blank\" rel=\"noopener noreferrer\">market data<span class=\"u-visually-hidden\"> (will open in new tab)<\/span><\/a> <!-- -->is provided by Barchart Solutions. Copyright \u00a9 <!-- -->2026<!-- -->.<br \/>Information is provided &#x27;as is&#x27; and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read<!-- --> <a href=\"https:\/\/www.barchart.com\/solutions\/company\/terms-and-privacy\" target=\"_blank\" rel=\"noopener noreferrer\">disclaimer<span class=\"u-visually-hidden\"> (will open in new tab)<\/span><\/a>.<br \/>\u00a9 Copyright <!-- -->2026<!-- --> The Globe and Mail Inc. All rights reserved.<br \/>Andrew Saunders, President and CEO<\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMiugFBVV95cUxOQnJPOUlWX2xfdUNmTzlaUVJzZy1MdHFOZ0pNZXdMQm0tV3NoT2xySl9KZUpUalYxcWV1eWdfSG1SZ09tY3g1X0U5T3FfRnQtR3cwdUUwNnRNMkFRRmdNeGdSTFR1TkFRMEM4dVFtcGxVVjZQRS0wcVlWZzV4bkhEVHFCYXZ0aHF6czJwb3piNjlqNVdDTzAtNGlTQk9aakY0RzNJcnNGMzF0aEZMd3c0cTQwSWVuRkUycWc?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street closed sharply lower on Friday, pulled down by concerns over the Iran conflict. Investor sentiment was clearly risk-off and bearish, with markets sliding into correction territory on geopolitical tensions, surging oil prices and rising inflation fears. All three benchmark indexes ended in the red and at their lowest levels in over seven months.The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-5516","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/5516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/comments?post=5516"}],"version-history":[{"count":0,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/5516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media\/5517"}],"wp:attachment":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media?parent=5516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/categories?post=5516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/tags?post=5516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}