Friday, March 13, 2026

The US equity market closed lower on March 13, 2026, with the S&P 500 and Nasdaq Composite indices declining 0.61% and 0.93%, respectively. The Dow Jones Industrial Average, however, managed a slight gain of 0.26%. The bearish sentiment was evident, with the majority of the major indices in the red. This negative tone was reflected in the performance of the top movers, led by AVGO, META, and CRM, which fell by 4.1%, 3.8%, and 3.2%, respectively.

Despite the overall bearish tone, certain sectors bucked the trend, with Utilities, Consumer Staples, and Energy leading the way with gains of 0.99%, 0.58%, and 0.33%, respectively. In contrast, Communication, Technology, and Materials suffered losses, with declines of 0.71%, 0.75%, and 0.99%, respectively. The sector performance was largely driven by market fundamentals, with the energy sector benefiting from a rise in oil prices. The lack of any major news events or market-moving announcements likely contributed to the general market uncertainty and the subsequent decline.