For: March 10, 2026
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed higher on Monday to start off the trading week. Stocks rebounded from steep losses after President Trump said the conflict with Iran could be over soon. Markets also got a boost from falling oil prices and a jump in semiconducter shares. At the closing bell, the Dow Jones Industrial Average gained 239 points to 47-740. The S&P 500 rose 55 points to 67-95. The Nasdaq climbed 308 points to 22-695.
>>G7 To Discuss Releasing Oil Reserves
(Undated) -- Energy officials from the Group of Seven nations will discuss releasing oil reserves to help counter disruptions caused by the conflict in Iran. The representatives from Canada, France, Germany, Italy, Japan, the United Kingdom and the United States will meet virtually today to try and come up with a plan. The U.S. thinks releasing as much as 400 million barrels, some 30 percent of reserves, will do the trick. Oil prices are currently around 90 dollars a barrel after surging above 100 dollars this week. The costs have spiked since the closure of the Strait of Hormuz, a key waterway near Iran that sees about a fifth of the world's oil traffic.
>>Gas Prices Still Rising
(Heathrow, FL) -- Oil prices may have retreated from four-year highs, but gas prices continue to climb. Triple-A reports the national average for a gallon of regular gas jumped overnight to three-dollars and 53 cents a gallon. That's up from yesterday's three-48. A week ago, the national average was at three-dollars and ten cents.
>>Chevron Might Close More California Refineries
(Sacramento, CA) -- Chevron says it might close more California refineries if new Cap-and-Trade rules pass. The company claims the changes would increase costs and further threaten local fuel supplies. The proposed closures in Richmond and El Segundo would be in addition to two others that are already scheduled to close or convert operations. Cap-and-Trade would limit permits, raise fees, and allow companies to buy pollution credits. Chevron President Andy Walz warns gas prices could rise by over a dollar by 2030 and over 500-thousand petroleum jobs may be lost. Another refinery operator, PBF Energy, also opposes the rules. The California Air Resources Board argues it's the only way the state can achieve mandated climate goals.
>>Prediction Market Raises Odds Of U.S. Recession As Oil Spikes
(Undated) -- The chances of an economic recession are rising along with oil prices. Prediction market bettors are increasingly expecting the U.S.to slide into a recession this year. Kalshi's market odds of that happening jumped above 34 percent on Monday. According to the platform, the likelihood of a recession came in under 25-percent just last week.
>>Anthropic Sues Trump Administration Over Pentagon Blacklist
(Washington, DC) -- Anthropic is filing a lawsuit against the Trump administration for being blacklisted. The artificial intelligence startup was labeled a threat to U.S. national security, which marks an extraordinary move historically reserved for foreign adversaries. Anthropic's complaint called the actions "unprecedented and unlawful," and noted that the move is "harming Anthropic irreparably." Defense vendors and contractors are now being required to certify that they don't use Anthropic's models in their work with the Pentagon.
>>Live Nation Reaches Settlement In Antitrust Case
(New York, NY) -- Live Nation and the Department of Justice have reached a settlement in their antitrust case. It follows a week of testimony that threatened a breakup between Live Nation and Ticketmaster. The companies had been accused of creating an illegal monopoly when they merged in 2010, inflating concert ticket prices and crushing their competition. As part of the settlement, Live Nation has agreed to change how it makes ticketing deals and will also pay damages to the states involved in the lawsuit. New York State Attorney General Letitia James says the ruling fails to address the monopoly at the center of this case, vowing she and her colleagues will continue fighting it.
>>Zoox Expanding
(Foster City, CA) -- Robo taxi service Zoox is expanding. The Amazon-owned company announced Monday that it will be testing it's fleet in Dallas and Phoenix. A small number of SUVs will be deployed to both cities with safety drivers behind the wheel who can take over at any time. This comes as both Phoenix and Dallas currently have Alphabet-owned Waymo driverless cars on its roads. Zoox operates in multiple markets, including the San Francisco Bay area, Las Vegas and Washington DC.
