S&P 500 Starts March With Weekly Drop Amid February Jobs Loss, War With Iran

The S&P 500 commenced March with a weekly decline, driven by twin concerns: a surprising February job loss and escalating geopolitical tensions with Iran. This dual blow to economic stability and global security suggests investors are de-risking, impacting equity valuations. The jobs data raises recessionary fears, while the conflict with Iran could spike oil prices and disrupt supply chains, further pressuring corporate earnings. Investors should closely monitor upcoming employment reports and developments in the Middle East for signs of stabilization or further deterioration.