For a third consecutive week, U.S. equities declined as the Iran–oil shock intensified, a backward-looking CPI report offered little relief, and the Fed headed into Wednesday’s decision boxed in by conflicting mandates. All three major indexes now sit at their lowest levels since November.
The Scoreboard
The S&P 500 closed Friday at 6,632, down 0.6% for the week. The Dow fell 0.3% to 46,558 and the Nasdaq dropped 0.9% to 22,105 — all three firmly negative year-to-date and marking their longest weekly losing streak since last spring’s tariff turmoil.