NASDAQ:TME 19 March 2026

March 19, 2026, 12:46 PM EDT. The Dow Jones Industrial Average tumbled nearly 380 points to 45,846.59 on accelerating selling pressure sparked by a surge in global oil prices and geopolitical tensions surrounding Iran. Brent crude rose nearly 5%, Murban crude jumped over 10%, and WTI crude climbed to $97.58, stoking fears of rising inflation and supply disruptions. Gold and silver plummeted with gold heading for its worst weekly drop since 1983. The Federal Reserve's cautious policy stance and lack of clear forward guidance further unsettled investors, prompting widespread equity sell-offs. The S&P 500 and Nasdaq also fell, down 0.60% and 0.68% respectively. Chinese Natural Resources surged 28.18%, boosted by heavy volume amid energy sector optimism. Energy-linked stocks like Venture Global and Rivian also gained, partially offsetting losses in broader markets.