Stock market today: Dow, S&P 500, Nasdaq futures extend losses amid US-Iran tensions - Yahoo Finance
US stock markets declined as tech stocks sold off and geopolitical tensions involving Iran and the Strait of Hormuz pushed oil prices higher. Rising bond yields and concerns over government borrowing further pressured the major indexes.
Why it matters
Market volatility driven by geopolitical instability and interest rate concerns impacts global investment portfolios and economic stability.
US stocks fell on Tuesday as tech stocks sold off and elevated oil prices and government bond yields weighed on markets.The tech-heavy Nasdaq Composite (^IXIC) fell 1.3%, leading the major indexes lower. The Dow Jones Industrial Average (^DJI) declined by 0.2%, while the S&P 500 (^GSPC) pulled back by 0.6%, extending losses after a downbeat start to the trading week.Oil prices climbed to their highest level in over two weeks after President Trump said he intends to inflict more economic pain on Iran and threatened to "bomb" Oman if it interferes with the US's plans for the Strait of Hormuz.
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