U.S. markets enter Tuesday, March 31, 2026 with the same backdrop set by the Friday, March 27 close. There was no new trading session yet to change those levels. That means the same key numbers remain in place. The S&P 500 sits at 6,368.85. The Dow is at 45,166.64. The Nasdaq is at 20,948.36. The Russell 2000 is at 2,449.70. Oil remains elevated. Yields remain high. The dollar remains firm.
This keeps the same financial conditions in place heading into today.
Equity Markets
The last completed session showed broad weakness.
The S&P 500 fell 1.7%. The Dow dropped 793 points. The Nasdaq lost 2.1%. The Dow remains more than 10% below its recent peak. That keeps it in correct range.
The S&P 500 and Nasdaq are still near multi-month lows. Small-cap stocks remain under pressure. The Russell 2000 sits at 2,449.70, still lagging larger indexes.
This tells us participation remains uneven. Strength is not broad.
Fixed Income
Bond yields remain elevated. The 10-year Treasury yield holds at 4.44%. This level continues to set the tone for borrowing costs.
Mortgages, business loans, and credit remain expensive relative to earlier periods. The bond market has not shown relief.
That keeps financial conditions tight.
Currency Markets
The U.S. Dollar Index remains at 100.17. This reflects steady demand for dollar exposure. It also reflects higher yields in the U.S. compared to other markets.
A stronger dollar can weigh on exports and overseas earnings. It also tightens global liquidity conditions.
Commodities
Energy prices remain elevated. WTI crude holds near $99.64. Brent crude holds near $112.57. These levels continue to keep energy costs high.
Gold remains near $4,480 per ounce, with limited movement. The main signal remains in oil. Prices are high and stable at elevated levels.
Macro Backdrop
Recent macro data remains unchanged. Initial jobless claims are at 210,000, showing continued strength in the labor market.
Consumer sentiment sits at 53.3, reflecting weaker confidence. The Federal Reserve rate remains at 3.50% to 3.75%.
These numbers show a stable labor market, but ongoing pressure from costs and rates.
Entering Today's Open
Key reference levels:
S&P 500: 6,368.85
Dow Jones Industrial Average: 45,166.64
Nasdaq Composite: 20,948.36
Russell 2000: 2,449.70
10-Year Treasury Yield: 4.44%
U.S. Dollar Index: 100.17
WTI Crude: $99.64
Brent Crude: $112.57
Gold: ~$4,480
Initial Jobless Claims: 210,000
Consumer Sentiment: 53.3
Fed Target Range: 3.50%–3.75%
Markets open last Tuesday with no reset in conditions. Stocks remain below recent highs. Oil remains elevated. Yields remain firm. The key takeaway is simple. The same numbers are still in control.
