Closing Bell Closing Bell Overtime: Stocks Set Fresh 2026 Lows as War Ripple Effects Batter Investors 3/12/26
5 snips
Mar 12, 2026 Lauren Williams, CSIS deputy director who explains Iran-linked cyber threats and corporate risk, and Christina Partsinevelis, CNBC on-air reporter covering movers and earnings. They discuss cyberattacks tied to regional conflict, stocks hitting fresh 2026 lows, oil and energy winners, earnings movers like Adobe and Ulta, and how markets and yields are reacting to geopolitical shocks.
AI Snips
Chapters
Transcript
Episode notes
Futures Curve Shows Higher Postwar Oil Floor
- Attacks on ships and Iranian threats pushed Brent above $100 and shifted the futures curve higher, implying a higher postwar price floor.
- TD and others now model a post-conflict Brent floor near $85–90 versus $70 prewar due to lasting supply damage.
Use Short Yields To Gauge Fed Easing Odds
- Watch short-end Treasury yields and Fed funds futures to gauge whether easing odds are being taken off the table.
- Rick Santelli highlighted two-year yields rising and Fed futures removing easing probabilities as the driver.
Market Likely Underestimates Hormuz Closure Risk
- Eric Johnston sees the market underpricing the unknown duration of a Hormuz closure and flags elevated short-term downside risk.
- He notes markets are only ~3% down since the war began, likely insufficient given closure scenarios lasting weeks to months.