^GSPC Today, March 13: Oil Near $100 as Trump Eases Russia Sanctions

S&P 500 today is under pressure as energy headlines and policy risks collide. The index trades at 6,672.61, down 1.52% (-103.19), after opening at 6,740.88 with a day range of 6,670.40 to 6,740.88. Oil near $100 despite a temporary license for extra Russian exports through 11 April and a 172 million-barrel SPR release keeps inflation risk elevated. With the DHS shutdown stretching on and airport lines lengthening, risk appetite is soft. For Swiss investors, USD exposure and energy costs are key watch points.

Policy shocks and the energy bid

The administration issued a temporary license allowing more Russian oil sales through 11 April and flagged a 172 million‑barrel SPR release. Yet oil near $100 persists as Hormuz disruptions cap flows, keeping inflation expectations sticky and pressuring multiples on S&P 500 today. Policy headlines are fluid; track the latest developments here source. For Swiss portfolios, higher crude raises imported energy costs and may lift USD-CHF volatility.

The Senate again failed to fund homeland security, keeping the DHS shutdown in place. Hours‑long airport lines risk softer travel demand and weaker services activity, adding another drag to sentiment for S&P 500 today. For background and live updates, see this report source. Swiss travelers to the U.S. should expect delays that can ripple into airlines and card spending data.

Technical picture: levels and momentum

Signals skew defensive. RSI sits at 35.22, while CCI at -153.18 flags oversold conditions. MACD is negative (MACD -40.72 vs signal -23.88) and ADX at 26.14 shows a strong trend. ATR of 94.12 points to wide daily swings. Price slipped below the Bollinger lower band at 6,714.51 and nears Keltner support at 6,640.51, keeping S&P 500 today vulnerable to further whipsaws.

Intraday low is 6,670.40. First support sits in the 6,640–6,715 zone. Resistance is the Bollinger middle band at 6,839.50, the 50‑day average at 6,894.08, then 6,964.50. The previous close was 6,775.80. Model paths imply 1‑month 6,295.54, quarter 6,919.39, year 7,026.58. Swiss investors can stagger entries near support and review USD hedges as S&P 500 today swings.

Implications for Swiss portfolios

For CHF‑based investors, currency can dominate returns. With policy risk high and oil near $100, USD strength is possible. Consider the hedge ratio on U.S. equity funds, short‑term CHF liquidity for drawdowns, and rebalancing rules. Hedged share classes can reduce USD swings, while unhedged exposure may help if the dollar rises alongside S&P 500 today volatility.

Energy may benefit from tighter supply and policy uncertainty, while rate‑sensitive tech can lag when inflation stays firm. S&P 500 today carries a C+ score (58.59) with a HOLD tag, YTD -2.72% and +19.15% over 1 year. A barbell of cash‑flow defensives and select energy, complemented by cash, can steady CHF returns without overbetting any single macro path.

Final Thoughts

Energy and policy now set the tone. Oil near $100, a temporary license for extra Russian exports until 11 April, and a large 172 million‑barrel SPR plan have not eased inflation worries. At the same time, the DHS shutdown clouds travel and services data, keeping volatility elevated. On the tape, S&P 500 today sits near oversold signals with support at 6,640–6,715 and resistance at 6,839–6,894. For Swiss investors, two actions help: tighten risk controls on USD exposure and map buy zones rather than chase bounces. Review hedge ratios, hold some CHF cash for dislocations, and tilt toward resilient cash‑flow sectors with selective energy. Keep positions sized for wide ATR swings and reassess as policy headlines evolve.

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The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.