^GSPC Today, March 15: Hormuz Closure, Iraq Slump Lift Oil Risk
S&P 500 today faces fresh geopolitical stress as oil supply risks rise. The ^GSPC showed a recent reading of 6,632.2, with year-to-date change at -3.30% and 1-year gain at 20.11%. Technicals lean cautious: RSI 35.22 and MACD -40.72 signal weak momentum, while ATR at 94.12 flags wider swings. Reports of a Strait of Hormuz closure and Iraq oil export disruptions could lift the energy risk premium, weighing on broad equities and market sentiment in Singapore.
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