US-Iran Standoff Sends US Stocks Lower 0.8%

US equity indices fell on Tuesday as Trump’s deadline on Iran’s Strait of Hormuz loomed, with S&P 500 down 0.8% to 6,552.48.
Oil prices rose, Brent up 0.8% to $110.66/barrel and WTI up 4% to $116.87, reflecting supply concerns.
Broadcom rose >3% after an AI chip deal with Google through 2031; Humana (+5%) and UnitedHealth (+7%) jumped on higher Medicare rates.
Analysts expect March CPI to rise 0.95% MoM, driven by a 25% jump in gasoline prices, potentially pushing annual inflation to 3.4%.