Dow Jones 700-Point Drop and ASX $100 Billion Wipeout: Global Equity Sell-Off March 2026
The Dow Jones plunged 700 points as the ASX lost $100 billion in a single week. All 11 S&P 500 sectors posted losses amid tariff escalation.
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The Dow Jones plunged 700 points as the ASX lost $100 billion in a single week. All 11 S&P 500 sectors posted losses amid tariff escalation.
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The WTI-Brent spread widened to historic levels as a $20 billion U.S. maritime reinsurance facility scrambles to restore Gulf shipping confidence.
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Brent crude surged from $62 to $92.69 per barrel after the Strait of Hormuz closure. Qatar warns oil could reach $150 in a prolonged conflict.
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Operation Epic Fury closed the Strait of Hormuz in March 2026 — halting 80% of Gulf oil transit and pushing Brent crude past $92 per barrel.
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The Philippines is building institutional AI capacity around NAICRI and DIMER to narrow the gap between AI experimentation and real enterprise integration.
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