The S&P 500 fell -2.0% as the Iran war, rising oil prices, and credit market cracks rattled investors.

WTI crude surged from ~$65 to ~$90 this week, the largest weekly jump on record going back to 1990.

The VIX spiked in its biggest weekly move since April 2025 sell-off.

Meanwhile, the US Dollar posted its best weekly gain since October 2024 on massive safe-haven demand.

Performance this WEEK:

S&P 500 -2.0%
Nasdaq -1.2%
Russell 2000 -4.1%
Dow Jones -3.0%
US 10-year Treasury yield +8 bps
Bitcoin +1.6%
Bank Index -3.6%
VIX +49% front mth VIX futures +29.5%
US Dollar Index +1.4%
Gold -1.4%
Silver -9.5%
WTI Crude Oil +36%