S&P 500, Dow and Nasdaq fell about 0.7% as Trump’s deadline on the Strait of Hormuz heightened geopolitical risk.
Brent crude slipped 0.4% to $109.32/barrel while WTI rose 2% to $114.58 amid supply‑chain concerns.
Broadcom jumped ~4% after a long‑term AI processor deal with Google; Humana +7% and UnitedHealth +9% on higher Medicare rates.
Analysts expect March CPI to rise 0.95% MoM, driven by a 25% jump in gasoline prices, with core inflation up 0.33%.