NEW YORK, March 2, 2026, 14:54 EST — Regular session
S&P Global Inc (SPGI.N) climbed $2.10 to $443.98, up 0.5% as of 2:39 p.m. EST on Monday. Shares moved within a range from $441.20 to $444.48. Volume sat around 2.8 million shares traded.
S&P Global Platts has pulled some bids and offers from its Middle East crude, refined products, and LNG assessments, Reuters reported, after Strait of Hormuz shipping ran into disruptions. Those price benchmarks underpin cargo contracts and derivatives trading. The Strait itself is a crucial artery—about 20% of the world’s oil and a comparable chunk of LNG moves through there. Platts notified subscribers that “many major shipping companies have halted transit through the Strait of Hormuz,” but said it would continue certain Middle East crude assessments, like cash Dubai. Reuters
Cost pressures jumped out in U.S. factory numbers, landing right as headlines broke. The Institute for Supply Management’s prices-paid index shot up to 70.5—the highest mark since June 2022—signaling a sharp rise in input costs. “Increases in steel and aluminum prices … as well as tariffs” were behind the move, according to ISM survey chair Susan Spence. “The surge … will raise some eyebrows at the Fed,” added Thomas Ryan, North America economist at Capital Economics. Reuters
The S&P 500 edged higher, adding roughly 0.3%, while the Nasdaq Composite climbed about 0.6%.
Moody’s slipped 2.1% among financial-data and ratings names, while MSCI edged up just 0.2%. Shares of FactSet picked up 1.2%, and Nasdaq Inc added 1.1%.
S&P Global’s reach stretches from credit ratings to indices and commodity benchmarks, turning the stock into a rough barometer for market appetite and the hunger for data. Issuance patterns and trading numbers draw traders’ eyes, though there’s also close attention on whether benchmark firms can keep markets operational when shipping lanes clog up.
If Hormuz tensions clear up fast, the company might escape with little more than a flurry of headlines. But should the conflict stretch out, rising oil prices and changing rate bets could start to eat into risk appetite, weighing on valuations market-wide.
Eyes now turn to the U.S. jobs report for February, set for release at 8:30 a.m. EST on March 6.
Investors in S&P Global are keeping an eye on additional updates from Platts about its pricing windows. There’s also the question of whether the energy market’s volatility could spill over into the company’s other benchmark and data units.
