Clear as Mud - Heard on the Street Recap -- WSJ

Dow Jones03-25 04:33

By Heard Editors

What Happened in Markets Today

Stocks looked for direction as markets tried to read signals on the direction of the Iran war. Stocks fluctuated between gains and losses for most of Tuesday following Monday's rally. The Dow Jones Industrials closed down 84 points, or 0.2%. The S&P 500 shed 0.4% and the Nasdaq fell 0.8%.

Oil prices rose. Front-month Brent crude futures settled up 4.6% to $104.49 a barrel, while Nymex crude futures gained 4.8% to $92.35. The Wall Street Journal reported that the U.S. is planning to deploy a brigade combat team with around 3,000 troops from the Army's elite 82nd Airborne Division to the Middle East.

Treasury yields kept climbing. Concerns that the Federal Reserve will hesitate to cut rates, and over the fiscal impact of the Iran war on the U.S. government's finances, continued to weigh on bonds. There was also a notably weak auction on Tuesday for two-year Treasury notes. The 2-year yield climbed 0.096 percentage point to 3.926%, while the 10-year yield rose 0.056 percentage point to 4.390%.

One stock has emerged as a beneficiary of airport chaos. Clear Secure, which runs an identity-verification service at airports for faster clearance through security checks, has risen 52% so far this year.

This analysis comes from the Journal's Heard on the Street team. Subscribe to their free daily afternoon newsletter here.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

March 24, 2026 16:33 ET (20:33 GMT)

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