U.S. Markets Decline Sharply – Trump Considers Military Protection for Tankers – Trump Threatens Spain with Trade Cutoff – Volatility Rises to Three-Month High – Target Surprises with Profit Jump Despite Revenue Decline – CrowdStrike Confirms Cybersecurity Boom – Best Buy Popular Despite Weak Forecasts – GitLab Crosses $1 Billion in Recurring Revenue – Elliott Invests $1 Billion in Pinterest

On Tuesday, March 3, 2026, U.S. stock markets came under pressure but managed to significantly curb their initially much larger losses as the day progressed. The Dow Jones fell by 0.8% to 48,501 points, after trading down more than 1,250 points at one point. The S&P 500 decreased by 0.9% to 6,816 points, while the tech-heavy Nasdaq Composite dropped by 1.0% to 22,516 points. The trigger for the weakness was primarily the further escalation in the Middle East, as the military conflict involving the U.S., Israel, and Iran continued, raising...