US Equity Markets Mixed Amid Volatility, Crude Oil Price Rebound

BY MT Newswires | ECONOMIC | 04:22 PM EDT

04:22 PM EDT, 03/10/2026 (MT Newswires) -- US equity indexes were mixed Tuesday amid volatile trading after crude oil prices moved up after falling earlier in the day.

* US existing home sales rose 1.7% sequentially to a seasonally adjusted annual rate of 4.09 million units last month, compared with an anticipated 0.8% decline, according to a Bloomberg-compiled survey.

* April West Texas Intermediate crude oil fell $8.51 to settle at $86.26 per barrel, while May Brent crude, the global benchmark, was last seen up $7.92 at $91.02.

* Vertex Pharmaceuticals (VRTX) said a prespecified week 36 interim analysis of its ongoing phase 3 trial of povetacicept in immunoglobulin A nephropathy, a kidney disease, showed favorable results. Shares of the company were up nearly 8.5%, the biggest gainer on the S&P 500 and Nasdaq.

* Centene Corporation (CNC) shares were down roughly 16% after the company said it expects continuing headwinds in its operations in the Affordable Care Act marketplace, multiple media outlets reported, citing CEO Sarah London's presentation at the Barclays 28th Annual Global Healthcare Conference.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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