Weekend Update 3/28/2026
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
️🕊️ Opportunistic peace? Markets initially rallied early this week on hopes for deescalating #GlobalTension and a quick peace deal. The US announced it would delay further energy infrastructure attacks for 5 days for negotiations.
🤔 Talking or not talking? Iran publicly denied any peace talks were ongoing. However, the US reiterated they were and offered a framework. Markets began to lose hope for the quick deal as Iran quickly rejected it. No deal this week, but the US extended the pause to 10 days…
️️📉 Oil rises. Crude oil futures tumbled -10% to start the week, but after no progress is made on peace talks, it ends the week 1% higher. The S&P 500 grew pessimistic as well ending down -2% for the week.
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