Geopolitical Tensions Trigger Global Market Sell-Off

Wall Street plunged on Thursday, March 5, 2026, as escalating Middle East conflict and oil shocks sparked a broad sell-off, with the Dow falling 784.67 points to 47,954.74 and the S&P 500 and Nasdaq also losing ground. Brent crude jumped over 4% toward $85 per barrel, lifting Treasury yields and raising inflation and Fed-policy concerns. Market focus shifts to Friday’s February nonfarm payrolls and after-hours semiconductor earnings.