Content and data provided by various third parties and Fidelity - Terms of Use
Print.Print
Small font size A Larger text size A Largest text size A

US Equity Indexes Mixed as Powell Calms Inflation Concern, Trump Ups Ante Against Iran

BY MT Newswires | ECONOMIC | 12:39 PM EDT

12:39 PM EDT, 03/30/2026 (MT Newswires) -- US equity indexes traded mixed midday Monday after Federal Reserve Chair Jerome Powell said inflation expectations remain well anchored.

Meanwhile, President Donald Trump warned Iran of dire consequences if it fails to reach a ceasefire agreement.

The Dow Jones Industrial Average rose 0.7% to 45,490.8, with the S&P 500 up 0.3% to 6,388.5. The Nasdaq Composite, however, fell 0.1% to 20,920.2.

Powell said Monday inflation expectations remain well anchored after an expected short-term price shock from the conflict in Iran, noting that the longer lag with which monetary policy works allows the Federal Open Market Committee to look past brief supply shocks.

"Inflation expectations do appear to be well anchored beyond the short term," Powell told a class of economics students at Harvard University.

West Texas Intermediate crude oil futures jumped 3.9% to $103.58.

Trump said the US may blow up and completely obliterate Iran's electric plants and oil wells if a deal to end the war is not reached and the Strait of Hormuz is not reopened, CNN reported.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

All Fixed Income News

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.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_article