Business, Commodities & Shipping News 2026

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S&P 500 slips Friday, but index posts best week since November after fragile Iran ceasefire deal: Live updates​

The S&P 500 fell slightly on Friday, but the index managed to post a solid weekly gain as traders kept an eye on the fragile two-week ceasefire between the U.S. and Iran.

The broad market index dropped 0.11% to end at 6,816.89, while the Nasdaq Composite moved higher by 0.35% and closed at 22,902.89, bolstered by gains in key semiconductor stocks such as Nvidia and Broadcom. The Dow Jones Industrial Average declined 269.23 points, or 0.56%, ending at 47,916.57.

Still, the S&P 500 added about 3.6% this week, and the Nasdaq rose about 4.7% in the period. Both indexes posted their best weekly performances since November. The Dow, meanwhile, gained 3% on the week.

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S&P 500 slips Friday, but index posts best week since November after fragile Iran ceasefire deal: Live updates

The S&P 500 fell slightly on Friday, though the index still had its best week since last November.

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• The consumer price index rose 3.3% year over year in March 2026, up from 2.4% in February, according to the Bureau of Labor Statistics.
• The Iran war has caused oil prices to spike — raising prices for gasoline and airfare, and leading to higher prices for food and e-commerce purchases.
• It may take weeks or months for conditions to normalize, even if there is a quick resolution to the Middle East conflict.

Here's the inflation breakdown for March 2026 — in one chart

The Iran war has pushed up gasoline, airline fares and other prices for consumers.

www.cnbc.com