Today: 13 March 2026
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz
13 March 2026
40 mins read

Stock Market Today 13.03.2026


LIVEMarkets rolling coverageStarted: Updated:

US Stock Futures Rise as Oil Prices Surge and Inflation Data Looms

March 13, 2026, 1:28 AM EDT. US stock futures climbed Thursday, with Dow Jones and S&P 500 futures up 0.3%, and Nasdaq 100 futures up 0.4%, after the major indexes hit their lowest levels since November. The Dow dropped over 700 points, closing below 47,000. Rising oil prices, fueled by escalating tensions in the Strait of Hormuz and Iran's threats, sparked market instability. West Texas Intermediate crude jumped nearly 10% to $95.73 per barrel; Brent crude topped $100 for the first time since August 2022. Surging oil and inflation concerns have dampened expectations of Federal Reserve interest rate cuts this year. Investor focus shifts to Friday's release of January's Personal Consumption Expenditures price index, the Fed's preferred inflation gauge, alongside Q4 GDP revision and March consumer confidence data.

Brompton European Dividend Growth ETF (EDGF) Market Signal Update

March 13, 2026, 1:27 AM EDT. On March 13, 2026, the Brompton European Dividend Growth ETF (EDGF:CA) shows mixed AI-generated ratings. The short-term outlook is weak with a suggested short position near 11.60 CAD, placing a stop loss at 11.66 CAD. Mid-term signals remain neutral, while the long-term view is strong. No long-term trading plans are currently advised. Traders should note the timestamp on these signals for relevance. The ETF is positioned for cautious short-term trading amid more optimistic long-term projections.

US Stock Futures Rise as S&P 500 and Dow Gain While Nasdaq Falls Amid Oil Price Surge

March 13, 2026, 1:26 AM EDT. US stock futures showed mixed moves with the S&P 500 and Dow Jones Industrial Average futures edging higher, while Nasdaq-100 futures slipped. The divergence reflects investor caution amid rising oil prices triggered by geopolitical tensions near the Strait of Hormuz after Iran's Supreme Leader Mojtaba Khamenei's statement. Brent crude topped $100 per barrel for the first time since August 2022, adding pressure on inflation concerns. Market participants also await the Personal Consumption Expenditures Price Index, a key inflation gauge that may influence upcoming Federal Reserve interest rate decisions. The technology-focused Nasdaq remains under pressure as energy and industrial sectors show resilience, signaling uneven sentiment across market sectors.

NSE appoints merchant bankers and law firms for IPO management

March 13, 2026, 1:24 AM EDT. The National Stock Exchange of India (NSE) appointed merchant bankers and law firms to oversee its upcoming initial public offering (IPO). This move is a critical step in the IPO process, where merchant bankers act as financial advisors and underwriters, while law firms manage legal compliance and documentation. The NSE's appointment signals progress towards its IPO, expected to bolster its market presence and financial standing. Stakeholders will closely watch the developments as the exchange prepares for its public listing, reflecting growing investor interest in Indian capital markets.

Tantalus Systems Shares Drop 4.8% Amid Lower Trading Volume

March 13, 2026, 1:23 AM EDT. Tantalus Systems Holding Inc. (TSE:GRID) saw its stock price fall 4.8% to C$4.15 during mid-day trading on Thursday, after hitting a low of C$4.05. Trading volume declined 32% to 94,016 shares compared with its average daily volume of 138,373. The company's 50-day moving average stands at C$5.02, with a 200-day average of C$4.27. Market capitalization is C$232.43 million. Tantalus delivers grid modernization technology for utilities, enabling smarter data use across distribution networks. Despite a Buy analyst rating, it was not featured on MarketBeat's top recommended stocks list, which highlights other tech stocks poised for growth amid a burgeoning A.I. boom.

GreenFirst Forest Products (TSE:GFP) Shares Slip 0.4% Amid Low Volume

March 13, 2026, 1:22 AM EDT. GreenFirst Forest Products Inc. (TSE:GFP) shares fell 0.4% to C$2.38 on Thursday, with trading volume plunging 81% below the average at 2,440 shares. The Canadian forestry company, focused on sustainable lumber and paper production, holds a market capitalization of C$55.01 million. Its price-to-earnings (P/E) ratio stands at -0.52, indicating losses, while a beta of 1.12 signals moderate stock volatility compared to the market. Financial ratios include a debt-to-equity of 45.50, quick ratio of 1.06, and current ratio of 1.97, reflecting balance sheet strength. GreenFirst operates seven sawmills and one paper mill in Ontario and Quebec, serving residential, commercial, and industrial sectors. Despite a Hold rating from analysts, the stock did not feature among MarketBeat's top recommended picks. Investors should note the modest near-term price movement amid subdued volume.

Bitcoin Hits Weekly High Amid Middle East Tensions and Surging Oil Prices

March 13, 2026, 1:13 AM EDT. Bitcoin rose 2.6% to about $71,500, reaching its highest level in a week despite geopolitical tensions in the Middle East impacting global equities. Brent crude oil soared 9.2% past $100 a barrel, its largest single-day jump since 2020, due to concerns over conflicts disrupting key oil shipping through the Strait of Hormuz. Analysts attribute Bitcoin's resilience partly to strong crypto demand and inflows linked to an 11.5% yield product tied to Bitcoin exposure. Experts caution that prolonged oil shocks or tighter global liquidity, driven by Federal Reserve policies, could later weigh on Bitcoin's price. Meanwhile, U.S. equities dropped notably as fears of energy supply disruptions stoked recession worries. Bitcoin's outperformance may reflect crypto-specific factors rather than a full decoupling from market volatility.

Sensex, Nifty Fall Third Day as Crude Nears $100, Banks and IT Stocks Drag

March 13, 2026, 1:12 AM EDT. Indian equity markets extended losses for the third session on Friday, pressured by crude oil prices hovering near $100 per barrel, which raises inflation concerns and weighs on market sentiment. The Sensex dropped 600 points (0.8%) to 75,434, while the Nifty declined 182 points to 23,457. Persistent foreign institutional investor (FII) selling, exceeding Rs 7,000 crore, alongside weak global cues, hurt investor confidence. US markets slumped overnight on fears of the Iran conflict disrupting energy supplies. Sectoral declines were broad, with IT and banking shares falling, led by HDFC Bank, Larsen & Toubro, and Tata Steel. Some energy-linked stocks like Coal India and Reliance gained amid high oil prices. The Indian rupee weakened to 92.35 per dollar, reflecting external pressure and domestic risk aversion.

Denali Therapeutics (DNLI) Stock Review: Valuation After Strong Gains

March 13, 2026, 1:11 AM EDT. Denali Therapeutics (DNLI) shares have surged 27.2% year to date, delivering a 39% total return over the past year, sparking renewed investor interest. The stock trades at a price-to-book (P/B) ratio of 3.2x, cheaper than direct peers averaging 10.4x but higher than the broader U.S. biotech sector's 2.7x. DNLI's discounted cash flow (DCF) model implies a fair value of $23.97, about 13.6% above the current price of $20.70, suggesting potential undervaluation. However, investors face risks including significant ongoing losses of $512.54 million and uncertainties in clinical developments. The valuation mix points to a middle ground where the stock is neither clearly cheap nor expensive, highlighting the need to weigh growth prospects against inherent sector and company risks.

Janus Henderson Group (JHG) Share Price Up 42.8% in One Year, Still Undervalued

March 13, 2026, 1:10 AM EDT. Janus Henderson Group (JHG) shares closed at US$50.39, marking a 42.8% gain over the past year. Despite the jump, valuation models suggest the stock remains undervalued by 13.2%. The Excess Returns model, which evaluates a firm's profit beyond shareholder requirements, highlights an intrinsic value of about US$58.06 per share. This is based on a Book Value of US$33.17 and stable earnings per share of US$4.08. Average Return on Equity stands at 12.10%, reflecting effective use of equity capital. Market watchers continue to monitor how Janus Henderson's asset management mix influences future prospects. Investors eye multiple valuation methods, including discounted cash flow and price-to-earnings ratio, to gauge the stock's appeal amid recent market fluctuations.

China Youran Dairy Group SEHK 9858 Eyes 2025 Results, Potential Final Dividend

March 13, 2026, 1:09 AM EDT. China Youran Dairy Group (SEHK:9858) will hold a board meeting on March 27, 2026, to approve 2025 annual results and consider a possible final dividend, attracting income-focused investors. The stock trades at HK$4.65, down 6.06% over one month but up 88.26% over one year. Despite recent weakness, the shares trade at a 24% discount to an intrinsic value estimate of HK$6.09 and roughly 23% below analyst targets. Its price-to-sales ratio of 0.8x exceeds the Hong Kong Food industry average of 0.7x, signaling a richer valuation versus peers. However, the firm reported a net income loss of CN¥656.6 million. The upcoming dividend decision is set against these conflicting signals as investors weigh near-term performance against longer-term growth prospects.

15 SGX Stocks Gain Over 5% Amid Market Selloff Triggered by Middle East Conflict

March 13, 2026, 1:08 AM EDT.Singapore Exchange stocks showed resilience despite a 2.8% decline in the Straits Times Index following the outbreak of war in Iran. Only 15 of 269 large-cap stocks gained more than 5% over two weeks. Key beneficiaries included energy firms Geo Energy Resources (+14%) and RH Petrogas (+10%), as soaring oil prices pushed Brent crude above US$100 amid a supply disruption in the Strait of Hormuz. Agribusinesses like Kencana Agri (+46%) and Bumitama Agri (+18%) also rose on supply concerns. Defence contractor ST Engineering gained 8%, and consumer staples such as DFI Retail jumped 17%, reflecting their defensive appeal. Market caution was underscored by a 28% spike in the Cboe Volatility Index, signaling heightened investor nervousness.

Lean Hog Futures Extend Losses Amid Mixed USDA Reports

March 13, 2026, 12:52 AM EDT.Lean hog futures fell by 77 cents to $1.50 midday Thursday, continuing a downward trend. The USDA reported a national base hog price at $92.16, down 89 cents from Wednesday. While the CME Lean Hog Index rose slightly to $91.20 on March 10, export sales hit a yearly low of 23,723 metric tons last week. However, shipments increased to 38,897 MT. Monthly pork exports reached a five-year high of 590 million pounds in January. USDA's pork carcass cutout value climbed 24 cents to $98.65 per hundredweight, with declines seen in butt and ham cuts. Federally inspected hog slaughter totaled nearly 1.5 million head last week, up from prior periods. Futures for April through June all declined, indicating ongoing market pressure on hog prices.

Sensex plunges over 600 points amid heavy selling in banks and metals

March 13, 2026, 12:51 AM EDT. The Indian stock market dropped sharply on Friday, with the Sensex falling more than 600 points due to heavy selling in banking, metal, and infrastructure stocks. Key banking shares like HDFC Bank and ICICI Bank led the decline, dragging the benchmark indices lower. Metals and auto sectors also faced pressure, with companies such as Larsen & Toubro and Tata Steel slipping. Conversely, pharmaceutical stocks showed resilience, benefiting from currency depreciation and fewer external headwinds. Expert Dr. VK Vijayakumar cited global uncertainties, including the West Asian conflict and ongoing foreign investor selling, as main causes. He urged investors to stay patient and continue systematic investing amid market volatility.

Sensex, Nifty Fall Nearly 1% on West Asia Conflict, Rising Oil Prices

March 13, 2026, 12:49 AM EDT. Indian equity indices Sensex and Nifty dropped nearly 1% as the West Asia conflict and surging oil prices dampened investor sentiment. The BSE Sensex fell 708 points to 75,326, while the NSE Nifty slumped 222 points to 23,417. Key losers included Larsen & Toubro, Tata Steel, and HDFC Bank; gainers were Power Grid and Hindustan Unilever. Brent crude rose to around USD 100.5 per barrel, adding pressure. Asian markets tracked declines amid ongoing global uncertainty. Foreign investors sold shares worth Rs 7,049 crore, offset partially by domestic investors purchasing Rs 7,449 crore. Market experts flagged sustained foreign outflows and geopolitical tensions as weighing on large-cap stocks and overall market recovery prospects.

Afya Beats Q4 Earnings Estimates with $0.41 EPS

March 13, 2026, 12:37 AM EDT. Afya (AFYA) reported Q4 earnings of $0.41 per share, surpassing the Zacks Consensus Estimate of $0.38, marking a 7.90% earnings surprise. The company's revenue reached $169.03 million, slightly missing estimates by 4.57%. Despite a year-to-date stock decline of nearly 10%, Afya maintains a favorable earnings outlook with a Zacks Rank #2 (Buy), indicating expected market outperformance. Consensus estimates point to $0.54 EPS and $192.58 million revenue for the upcoming quarter. The Schools industry, where Afya operates, ranks in the top 11% of over 250 Zacks industries, further supporting positive sentiment.

Sensex Drops 590 Points, Nifty Falls 176 Amid FPI Selling and Surging Crude Prices

March 13, 2026, 12:35 AM EDT. India's stock markets opened sharply lower with the Sensex down 590 points and the Nifty falling 176 points, driven by sustained selling from foreign portfolio investors (FPIs) and a spike in crude oil prices above $100 per barrel. Geopolitical tensions in West Asia and the closure of the Strait of Hormuz have constrained global oil supply, adding to investor nervousness. Experts highlight ongoing foreign outflows as investors meet margin calls elsewhere. Sector-wide declines were noted, including auto, FMCG, IT, metal, and private banks on the NSE. Rising inflationary pressures are emerging, influenced by higher food and fuel costs. Global markets also turned bearish amid escalating geopolitical risks.

Franklin Canadian Short Term Bond Fund (FLSD:CA) Trading Signals March 13, 2026

March 13, 2026, 12:33 AM EDT.Franklin Canadian Short Term Bond Fund (FLSD:CA) shows neutral ratings across near, mid, and long terms as of March 13, 2026. Updated AI-generated trading signals suggest buying near 19.32 with a target of 19.41 and stop loss at 19.22. Conversely, short positions are recommended near 19.41, targeting 19.32 with a stop loss at 19.51. Investors should monitor these levels to manage risk and potential gains amid neutral market sentiment for this bond fund.

Clarivate (CLVT) Stock Surges 25.7% Amid Market Valuation Debate

March 13, 2026, 12:19 AM EDT. Clarivate's share price climbed 25.7% over the last month but remains down 20.1% year-to-date and 35.1% over one year. The company, a data and analytics provider, faces scrutiny over its market valuation. A Discounted Cash Flow (DCF) analysis estimates intrinsic value at $6.76 per share, indicating shares could be undervalued by 61.7%. Its price-to-sales ratio stands at 0.68, below the professional services sector average, reflecting investor caution. Despite recent gains, Clarivate's longer-term returns lag peers, raising questions about whether the recent jump fully reflects its growth prospects or if the market is still reassessing the stock.

Lloyds Banking Group Data Breach Raises Operational and Regulatory Concerns

March 13, 2026, 12:18 AM EDT. Lloyds Banking Group (LSE:LLOY) reported a data breach affecting users of its Bank of Scotland, Lloyds, and Halifax mobile apps, where some customers briefly viewed others' transactions. The group is investigating the cause as regulators seek clarification. The incident challenges Lloyds' digital trust, a core element for its UK retail and commercial banking business. Investors face heightened operational and regulatory risks amid potential costs from remediation and system upgrades. Shares trade about 14% below analyst targets and 47.4% below estimated fair value, reflecting recent pressure. Market watchers will monitor how quickly Lloyds resolves the issue, customer reactions, and regulatory requirements that may follow.

Top Stocks to Buy on March 13, 2026: NCC and HFCL Recommended Amid Market Volatility

March 13, 2026, 12:04 AM EDT.NCC and HFCL emerge as top stock picks by Bajaj Broking Research for March 13, 2026. Indian markets face pressure as geopolitical tensions between the US, Israel, and Iran elevate uncertainty. The Nifty slipped to a 10-month low of 23,556, breaching key support levels amid rising crude oil prices around $100 per barrel. Elevated oil costs threaten inflation and corporate margins, especially in sectors like aviation and logistics. The Bank Nifty also weakened, testing 55,000 amid sustained selling. Market watchers eye the 23,400-24,300 range for Nifty consolidation. Investors remain cautious with heightened volatility expected due to global instability and economic fears, making select stock picks like NCC and HFCL critical in navigating this climate.

Sensex and Nifty Expected to Open Lower Amid Middle East Tensions and Crude Oil Surge

March 13, 2026, 12:02 AM EDT.Indian stock markets are set to open lower on Friday as the Sensex and Nifty face pressure due to rising geopolitical tensions in the Middle East, pushing crude oil prices higher near $100 a barrel. Early futures trading signals a bearish start, with the Nifty 50 expected below Thursday's close of 23,639.15. The benchmark index has already dropped over 3.3% this week, marking the steepest weekly fall since December 2024. Heavy selling by foreign investors, totaling around $49 billion in March, is intensifying market pressure. Higher oil prices pose risks to India's economy by potentially increasing inflation and fiscal deficits. Experts advise caution amid ongoing volatility and recommend aligning positions carefully with prevailing market trends.

Stock Market Today

  • US Stock Futures Rise as Oil Prices Surge and Inflation Data Looms
    March 13, 2026, 1:28 AM EDT. US stock futures climbed Thursday, with Dow Jones and S&P 500 futures up 0.3%, and Nasdaq 100 futures up 0.4%, after the major indexes hit their lowest levels since November. The Dow dropped over 700 points, closing below 47,000. Rising oil prices, fueled by escalating tensions in the Strait of Hormuz and Iran's threats, sparked market instability. West Texas Intermediate crude jumped nearly 10% to $95.73 per barrel; Brent crude topped $100 for the first time since August 2022. Surging oil and inflation concerns have dampened expectations of Federal Reserve interest rate cuts this year. Investor focus shifts to Friday's release of January's Personal Consumption Expenditures price index, the Fed's preferred inflation gauge, alongside Q4 GDP revision and March consumer confidence data.
Kenvue Stock Drops Today as Kimberly-Clark Selloff Cuts Takeover Offer Value
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