Late at night, U.S. stocks all declined across the board, with over 3,000 stocks falling. Tesla dropped more than 3%, and Chinese concept stocks were heavily hit! The Federal Reserve cutting interest rates has everyone on edge.

GateUser-bd883c58 · 2026-03-27T21:01:37+00:00

The Middle East conflict has led to rising oil prices, and market expectations for a Fed rate cut have weakened. U.S. stock indices generally declined, with technology stocks and some individual stocks performing poorly. The cryptocurrency market also experienced a noticeable pullback. Analysts believe that inflation expectations have affected the outlook for rate cuts.

GateUser-bd883c58

2026-03-27 21:01:37

Abstract generation in progress

How the Middle East conflict affects the Fed’s interest rate cut expectations?

Reporter: Du Yu

Reporter|Du Yu

Editor|He Xiaotao Du Hengfeng Proofreader|Duan Lian

On March 19, the three major U.S. stock indexes fell.

As of the time of writing, the Nasdaq dropped 0.72%, the Dow fell 0.84%, and the S&P 500 index decreased by 0.62%. In the market, 3,379 stocks declined, while 1,797 stocks rose.

On the surface, sectors such as non-ferrous metals, defense, and coal experienced significant declines, while oil and petrochemicals, as well as home appliances, saw increases.

All seven major U.S. tech stocks fell, with Tesla dropping over 3%.

The Nasdaq China Golden Dragon Index declined. In terms of individual stocks, as of the time of writing, Alibaba fell 6.8%, Tencent Holdings ADR fell 3.3%, Baidu Group dropped 2.8%, Pinduoduo decreased 2.6%, Meituan ADR rose 1.91%, and Xiaomi Group ADR increased 3.63%.

Cryptocurrency prices fell, with over 120,000 people liquidated within 24 hours, totaling $437 million in liquidations.

Gold and silver prices plummeted. As of the time of writing, spot gold was priced at $4,612 per ounce; spot silver was priced at $70 per ounce.

International oil prices rose, with Brent crude at $106 per barrel.

In terms of news, data from the U.S. showed that the number of initial unemployment claims last week was 205,000, estimated at 215,000, and the previous value was 213,000. Especially considering the expectations of rising prices due to the Middle East conflict driving up oil prices, traders are no longer betting on a Fed interest rate cut in 2026.

(Disclaimer: The content and data in this article are for reference only and do not constitute investment advice. Please verify before use. Any actions taken based on this are at your own risk.)

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