What is the S&P 500 today and why does it matter to Canadians?

S&P 500 today is near 6,796, up about 0.83%, with a 6,636 to 6,810 range. It anchors global risk appetite and drives many Canadian portfolios through U.S. equity ETFs. Moves can influence the TSX, the Canadian dollar, and rate expectations, especially when energy prices swing.

How serious are Yardeni’s 35% meltdown odds for investors?

They flag a meaningful tail risk tied to Iran war escalation. It argues for higher risk premia, lower multiples, and more selectivity. We would not exit quality holdings, but we would raise cash buffers, tighten risk controls, and favor companies with strong cash flow and balance sheets.

Does Iran war risk mean I should buy more energy stocks now?

Energy can hedge conflict-driven oil spikes, but sizing matters. Consider a balanced approach across energy, quality growth, and defensives. Use staged entries and stop levels. Rising oil can also pressure inflation and rates, which may weigh on rate sensitive sectors, so diversify and manage exposure carefully.

What does the Goldman Sachs outlook imply for near-term strategy?

It suggests shocks often fade faster than feared, so staying invested with a buy-the-dip plan can work. We prefer staggered buys into weakness, focusing on cash-rich leaders. Use CAD-hedged S&P 500 exposure when the U.S. dollar is volatile, then adjust hedges as macro conditions stabilize.

Global Market Insights

^GSPC March 10: Yardeni Puts 35% Meltdown Odds as Iran War Escalates

ByHuzaifa Zahoor March 10, 2026March 10, 2026

S&P 500 today traded near 6,795.98, up 0.83%, within a 6,636 to 6,810 range, and below its 7,002 year high. Ed Yardeni raised his U.S. stock meltdown odds to 35% on rising Iran war risk, while Goldman Sachs sees typical fast rebounds after geopolitical shocks. For Canadian investors, this mix shifts risk premia, energy sensitivity, and currency decisions. We break down valuation impacts, historical playbooks, and technical levels so you can act with a clear plan, not headlines.