Stock Market Update Tuesday March 3, 2026
- 3 days ago
- 3 min read
Stock Market Update Tuesday March 3, 2026 The S&P 500 experienced aggressive dip-buying today. After falling as much as 2.2% during the day, the index rebounded significantly but still closed down 0.9%. This drop pushed the S&P 500 into negative territory for the year 2026. Sector performance varied. Energy stocks slightly declined after recent gains that aligned with higher crude prices. Technology stocks recovered early in the day, with the iShares Expanded Tech-Software Sector ETF continuing its steady rebound over the past few days. Financial stocks showed strength, holding up better than the overall market. Materials stocks performed the worst, facing heavy selling early on, and although they recovered somewhat, they still ended the day as the weakest sector.
After-hours developments:
Ross Stores (ROST) +7% following earnings.
CrowdStrike (CRWD) -1% in initial reaction.
Moderna (MRNA) +10% on news of a settlement.
Score Board:
SPY -0.88%
QQQ -1.1%
iShares Russell 2000 ETF -1.8%
Away From Stocks: Treasurys stabilized following recent volatility, with the curve finishing essentially flat. West Texas Intermediate crude held firm near $75 per barrel, albeit off session highs. Gold declined sharply, falling nearly 4% to approximately $5,100. Bitcoin edged up to $68,000. The CBOE Volatility Index settled at 23.61, its highest close since November, underscoring elevated but contained risk sentiment.
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