CB Weekly Market Recap (Mar 1 – Mar 7, 2026) ⚡️

🔴 U.S. markets closed lower amid heavy volatility.
• S&P 500 −2.0%
• Nasdaq −1.6%
• Dow −2.9%
🔴 The sell-off was driven by escalating U.S.–Iran tensions, surging oil prices, and weak economic data.
🔴 The U.S. and Israel carried out major strikes on Iranian targets. Iran retaliated with attacks on 27 U.S. bases across the Middle East and missile strikes on Israel.
🔴 Iran signaled a Strait of Hormuz closure, pushing oil to its highest levels since 2023, with Brent near $95.
🔴 U.S. February payrolls disappointed, showing −92K jobs and unemployment rising to 4.4%, fueling stagflation concerns.
🔴 Despite macro chaos, crypto remained resilient — BTC tested $73K before pulling back, while BTC and ETH still closed the week positive.
🔴 Winners: Energy, defense, commodities
🔴 Losers: Tech, airlines, financials
🔴 Trump’s 10% global tariff is now active, with potential increases to 15%, though 24 U.S. states have filed lawsuits to block it.
🔴 Looking ahead: Wednesday’s CPI is the key catalyst.
• Hot CPI → stronger stagflation fears
• Soft CPI → potential relief rally
⚠️ Geopolitics remain the main driver. A ceasefire could spark a rally, while further escalation could push oil toward $100 and pressure risk assets.