Market Rally

• The S&P 500 rose over 1.5% and Nasdaq climbed nearly 2% Monday after the White House signaled it may abandon America's role in reopening the Strait of Hormuz, with Trump telling allies on Truth Social to "build up some delayed courage" and secure the strait themselves. • Trump wrote on social media: "You'll have to start learning how to fight for yourself, the U.S.A. won't be there to help you anymore, just like you weren't there for us," signaling a potential shift toward military disengagement despite ongoing operations. • The mixed messaging coincides with U.S. gas prices crossing $4 per gallon Tuesday—up more than $1 from February 27—marking the first time since 2022's Ukraine crisis energy shock, while Trump's approval rating has dropped to -16.7, a record low for his second term.

Verizon Communications emerged as a key stock to watch on March 13, 2026, following the major indexes' rally failure with Nasdaq down 0.9% below its 200-day line. Analysts highlight Verizon's defensive qualities amid S&P 500 and Dow approaching key support levels near their 200-day moving averages. The telecom giant could benefit from heightened volatility as investors seek stability post-oil surge. Next week's trading will test if telecoms lead any market recovery.

Verizon shares drew attention on March 13, 2026, as investors assessed positioning following a broader market rally failure amid index declines. The telecom giant held relative strength near key technical levels despite Nasdaq dropping below its 200-day line. Analysts highlight Verizon's defensive appeal with stable dividends in volatile conditions. Upcoming earnings could drive further movement if subscriber growth beats estimates.