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Oil, Nvidia, and Fed: Wall Street's Crucial Week Amid Iran War Volatility
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Oil, Nvidia, and Fed: Wall Street's Crucial Week Amid Iran War Volatility
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CNBC TV18
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15-03-2026, 14:06
Oil, Nvidia, and Fed: Wall Street's Crucial Week Amid Iran War Volatility
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Wall Street faces a critical week with surging oil prices due to the Iran war, Nvidia's GTC conference, and the Federal Reserve meeting.
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Oil prices soared, with Brent crude settling above $100 and WTI reaching $119.48, as the Strait of Hormuz closure impacts global supply.
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Nvidia's GTC conference (March 16-19) is anticipated to provide market support, with analysts bullish on its AI inference strategy.
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The Federal Reserve's policy meeting next week will be closely watched for clues on future rate cuts, despite no immediate cut expected.
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Major averages dropped over 1% last week, with stocks hitting new 2026 lows, as geopolitical tensions continue to drive market fluctuations.
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