Overnight US stocks | The three major indexes have declined for four consecutive weeks. The Dow Jones Industrial Average and the Nasdaq are approaching correction levels. Super Micro Computer, Inc. (SMCI.US) fell more than 33%. Gold dropped below the $4500 mark.

On Friday, the three major stock indexes fell sharply, marking their fourth consecutive week of decline. The Dow and Nasdaq were nearing correction territory. After the U.S. stock market closed, President Trump tweeted on social media, saying "We are very close to achieving our goal." The U.S. is considering gradually de-escalating military actions against Iran. During the final trading session, Trump mentioned he could have a dialogue with Iran but did not want a ceasefire at the moment. Additionally, there were reports that the U.S. has made detailed preparations for deploying ground troops in Iran. In the U.S. stock market, the Dow fell by 443.96 points, 0.96%, closing at 45577.47 points. The Nasdaq fell by 443.08 points, 2.01%, closing at 21647.61 points. The S&P 500 index dropped by 100.01 points, 1.51%, closing at 6506.48 points. Super Micro Computer, Inc. (SMCI.US) fell by over 33%, NVIDIA Corporation (NVDA.US) fell by 3.2%, and Micron Technology, Inc. (MU.US) fell by 4.8%. In Europe, the German DAX30 index fell by 484.21 points, 2.12%, closing at 22368.27 points. The UK's FTSE 100 index fell by 157.51 points, 1.57%, closing at 9905.99 points. The French CAC40 index fell by 142.25 points, 1.82%, closing at 7665.62 points. The Euro Stoxx 50 index fell by 112.93 points, 2.01%, closing at 5500.90 points. The Spanish IBEX35 index fell by 217.14 points, 1.28%, closing at 16688.76 points. The Italian FTSE MIB index fell by 847.88 points, 1.94%, closing at 42853.50 points. In the cryptocurrency market, Bitcoin rose by 0.66%, closing at $70,659.35, while Ethereum rose by 0.59%, closing at $2,153.1. In the oil market, international oil prices rose on the 20th. By the close of the day, the price for light crude oil futures for April delivery on the New York Mercantile Exchange rose by $2.18 to $98.32 per barrel, a 2.27% increase. The price for Brent crude oil futures for May delivery in London rose by $3.54 to $112.19 per barrel, a 3.26% increase. UBS Group AG raised its oil price forecasts for 2026-2027 to reflect the closure of the Strait of Hormuz and ongoing conflict in the Middle East. In the foreign exchange market, the U.S. Dollar Index, measuring the dollar against six major currencies, rose by 0.42% to 99.641. 1 euro was exchanged for $1.1559, 1 pound for $1.3337, 1 dollar for 159.22 yen, 1 dollar for 0.7885 Swiss francs, 1 dollar for 1.3707 Canadian dollars, and 1 dollar for 9.3594 Swedish kronas. The spot price of gold fell by 3.43% to $4498.31 per ounce, while silver fell by 6.89% to $67.801 per ounce. Independent precious metal trader Tai Wong stated that market worries had led to a decline in gold and silver prices. Major global brokerages believe that the possibility of rate hikes by the European Central Bank and the Bank of England is increasing, with the earliest likely in April. Regarding macroeconomic news, Trump stated that he does not currently want a ceasefire and expects the Strait of Hormuz to automatically reopen. The U.S. Department of Defense has made detailed preparations for deploying ground troops in Iran. Federal Reserve Board member Waller stated that the recent oil price increase led to an "emergency withdrawal" of the rate cut proposal. Board member Bowman still expects three rate cuts this year. The CFTC in the U.S. released FAQs on cryptocurrency and blockchain business to enhance regulatory rule consistency. In individual stock news, Strategy CEO noted the potential buying power of $160 billion in possible purchases if Morgan Stanley were to allocate 2% of its asset management scale to Bitcoin.