Wall Street Falls As Dow Drops 380 Points
US equities ended lower on Monday following a spike in crude oil prices driven by military strikes between the United States and Iran. The surge in energy costs reignited inflation fears and boosted expectations of a potential Federal Reserve interest rate hike in September, weighing on overall market sentiment.
Key Market Movements:
- S&P 500: Fell 0.36%, losing 27.39 points to finish at 7,684.37
- Nasdaq Composite: Slippped 0.16% to 26,360.91
- Dow Jones Industrial Average: Dropped 380.22 points, or 0.71%, to 53,179.77
Facebook|Twitter|Reddit|Pinterest|Whatsapp
Related Topics:
- Iran
- Oil
- United States
- September
- Market
- Dow Jones
Recent Stories From Middle East:
- Inpex showcases Japanese-Emirati falconry ties at ADIHEX 2026 (3 hours ago)
- UN warns of escalating violence against children, calls for strengthening digital protection (4 hours ago)
- ...and more (as per the original text)