Stock Market Today, March 11: Oracle Surges as Markets Weigh Geopolitical Risks
S&P 500 (SNPINDEX:^GSPC) slipped 0.08% to 6,775.80, the Nasdaq Composite (NASDAQINDEX:^IXIC) inched up 0.08% to 22,716.13, and the Dow Jones Industrial Average (DJINDICES:^DJI) fell 0.61% to 47,417.27 as oil and Iran-war jitters outweighed a tame CPI print.
Market movers
Oracle (NYSE:ORCL) jumped after beating earnings expectations. The stock gained 9% to finish at $163.12 easing wider AI fears. In yesterday’s after-close report, it hiked its 2027 guidance and told investors that AI replacement fears for software firms were exaggerated. Neocloud operator, Nebius Group (NASDAQ:NBIS), soared on news of a $2 billion investment from Nvidia (NASDAQ:NVDA).
In contrast, Stryker (NYSE:SYK) sank after a cyberattack hit its network. Solid Biosciences (NASDAQ:SLDB) pared recent gains. Kosmos Energy (NYSE:KOS) tumbled after announcing a $185.25 million equity issuance. Other energy stocks, such as ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX) gained as oil prices increased.
What this means for investors
Reaction to today’s positive inflation data was muted. February’s Consumer Price Index showed prices had risen 2.4% in the past year and registered a 0.2% increase since January. Although the figures were in line with analyst expectations, they had little impact on stocks because the data was collected before the war on Iran began.
Crude oil prices rallied again today, despite a commitment from the International Energy Agency to release emergency reserves. Markets now think the Federal Reserve is more likely to cut rates in July than June. Even Oracle’s blowout earnings weren’t enough to prevent defensive selling as investors react to the conflict, Stryker’s cyberattack, and the potential impact of an energy shock.
Should you buy stock in S&P 500 Index right now?
Before you buy stock in S&P 500 Index, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and S&P 500 Index wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $522,791!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,132,678!*
Now, it’s worth noting Stock Advisor’s total average return is 952% — a market-crushing outperformance compared to 191% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of March 11, 2026.
Emma Newbery has positions in Nvidia. The Motley Fool has positions in and recommends Chevron, Nvidia, and Oracle. The Motley Fool has a disclosure policy.
Recommended Articles
