Self-storage company Public Storage is buying National Storage Affiliates in an all-stock deal worth about $10.5 billion. National Storage has more than 1,000 properties, 69 million rentable square feet, and 550,000 units across 37 states and Puerto Rico. Public Storage said Monday that the acquisition will help expands its exposure to markets that are poised for strong long-term growth based on demographic trends, including the Sun Belt region.

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Worries about the war with Iran sent oil prices back to $100 per barrel and stocks sinking worldwide. The S&P 500 fell 1.5% Thursday and returned to big swings following a couple days of relative calm. The Dow Jones Industrial Average dropped 1.6%, and the Nasdaq composite sank 1.8%. The center of action was again the oil market, where the price of a barrel of Brent crude got as high as $101.59. Treasury yields climbed in the bond market on worries about higher inflation and fewer cuts to interest rates by the Federal Reserve.