U.S. Stocks Extend Slide Amid Iran War

U.S. stocks fell sharply Friday, marking a fifth straight weekly loss as the S&P 500 dropped 1.7%, the Dow fell 1.7% and the Nasdaq slid 2.1%. Traders cited escalating hostilities involving Iran and rising oil prices—Brent settled at $105.32 and U.S. crude at $99.64—which pushed Treasury yields higher and dented consumer confidence in March. The moves pressured consumer-facing and big-tech shares.