S&P 500 Hits 7,209 Record as Apple, Alphabet Surge; Meta Falls 8.6%
The S&P 500 closed at a fresh all-time high of 7,209.01, buoyed by strong earnings from Apple and Alphabet. Meta Platforms dropped 8.6% on capex concerns, while oil prices fell amid Iran negotiations.
S&P 500 Ends Worst Quarter Since 2022 —Down 7% as Iran War Rattles Markets for Third Month
The S&P 500 closed out its worst quarter in four years, declining roughly 7% in Q1 2026 as the Iran conflict and Hormuz blockade rattled markets for the third consecutive month. Oil prices above $100/barrel and stagflation fears dominated despite a brief Tuesday rally on de-escalation hopes.
Wall Street Closes Fifth Straight Losing Week, Worst Since Iran War
Wall Street has closed its fifth consecutive losing week, the longest sustained decline since the Iran war began, as the Dow, S&P 500, and Nasdaq all hit year lows amid mounting inflation concerns.