Finance

Global energy markets saw significant volatility as Brent crude climbed above $110 per barrel due to persistent threats to the Strait of Hormuz. While President Trump announced a temporary 10-day pause on strikes against Iranian energy infrastructure, concerns over a long-term energy shock continue to drive prices toward 2022 highs.

The yield on the 10-year Treasury note reached its highest level since July 2025, finishing the week around 4.44% as surging oil prices fueled inflation worries. Weak demand at recent government debt auctions and shifting Federal Reserve expectations have led traders to price in a more restrictive policy environment for the remainder of 2026.

High-growth technology stocks were among the hardest hit this week, with the Nasdaq Composite dropping over 3% in a broad-based retreat. Heavyweights like Meta and Micron saw double-digit percentage losses, driven by a combination of legal setbacks for social media firms and a general rotation out of riskier assets due to the ongoing regional war.

Digital assets experienced significant downward pressure on March 27, 2026, with Bitcoin losing more than 3% to trade around the $66,000 level. The broader crypto market cap has retracted to approximately $2.5 trillion from its 2024 peaks, as risk-averse investors pull back from decentralized assets amid rising global instability and renewed spot ETF outflows.