Stock Market Update Tuesday March 24, 2026
- Mar 24
- 2 min read
Stock Market Update Tuesday March 24, 2026 The S&P 500 experienced an up-and-down day, losing some of the previous day's gains. Market movements were mainly influenced by news headlines, particularly those concerning Iran. Rising Treasury yields, a poor Treasury auction, and renewed tech sector weakness due to AI competition also played a role. Sector performance varied, with software stocks declining the most and materials and energy stocks rising. Small-cap stocks performed well despite higher yields, suggesting some investor risk-taking. After the market closed, reports of a possible 30-day cease-fire in Israel caused significant market reactions. Oil prices decreased, and equity futures increased, as geopolitical risk concerns eased. In after-hours trading, the SPY (S&P 500 ETF) rose about 0.7%, while USO (United States Oil Fund) fell approximately 3%.
Score Board:
SPY: -0.71%
QQQ: -0.80%
IWM: +0.50%
Away From Stocks: Treasury yields moved higher following a soft auction, with the 10-year yield briefly reaching 4.43% before easing into the close near 4.39%. Volatility spiked early in the session, with the VIX rising to 28 before settling back near 27 by the close. The U.S. dollar strengthened, with DXY climbing toward 99.40 alongside earlier firmness in oil prices. Meanwhile, gold stabilized near 4,400 after experiencing significant volatility over the past several sessions.
Our investment approach is disciplined and long-only. We do not engage in short selling. In our long-term portfolio, we focus exclusively on high-quality companies with a demonstrated history of operational excellence and consistent shareholder value creation. However, in our short-term speculative portfolio, some stocks we post may be driven by other factors, such as notable options flow, proprietary algorithms and seasonality. We rely on our proprietary algorithms to identify high-probability entry points, whether to initiate new positions or to strategically add to existing holdings.
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