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US Equity Markets Mixed as Government Bond Yields, Crude Oil Rise Amid Iran Conflict
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US Equity Markets Mixed as Government Bond Yields, Crude Oil Rise Amid Iran Conflict
Mar 11, 2026 1:37 PM

04:07 PM EDT, 03/11/2026 (MT Newswires) -- US equity indexes were mixed Wednesday as government bond yields rose amid the intensifying conflict with Iran, after crude oil prices gained despite the International Energy Agency's plans to release record crude oil reserves.

* The International Energy Agency's 32 member countries agreed to release a record 400 million barrels of oil from their emergency reserves to prevent supply disruptions stemming from the war in Iran, the IEA said Wednesday.

* The US seasonally adjusted consumer price index rose 0.3% in February, in line with analyst expectations in a Bloomberg-compiled survey, according to data released Wednesday by the Bureau of Labor Statistics. Core CPI, which excludes food and energy prices, rose by 0.2%, as expected by Bloomberg-polled analysts.

* April West Texas Intermediate crude oil rose $4.46 to settle at $87.91 per barrel, while May Brent crude, the global benchmark, was last seen up $4.48 at $92.28.

* Mosaic's (MOS) shares were up about 9.2% after the company said its Fertilizantes P&K Limitada unit completed a favorable preliminary economic assessment and signed a joint development agreement with Rainbow Rare Earths for a project in Brazil.

* Fair Isaac ( FICO ) said Wednesday it plans a $1 billion private offering of senior notes due 2034. The company's shares were down nearly 9.4%, the worst performer on the S&P 500.

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