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U.S. stocks fell for a third consecutive session as oil prices rose and Treasury yields climbed following U.S.-Iran hostilities.

U.S. stock markets ended lower on Tuesday for the third straight session. The Dow Jones Industrial Average fell 419.02 points, or 0.8%, to close at 52,766.88. The S&P 500 dropped 54.67 points, or 0.7%, and the Nasdaq Composite lost 271.11 points, or 1%. These losses were driven by a spike in global oil prices, which surpassed $94 a barrel, and a rise in benchmark interest rates. The 10-year Treasury yield reached its highest level since January 2025. Market movement was influenced by renewed military strikes between the United States and Iran. President Trump stated that the United States would hit Iran hard, which contributed to the market uncertainty regarding whether the Federal Reserve will hike rates to combat inflation. The energy sector saw gains as shares of Chevron and Exxon rose. Conversely, the technology sector declined, led by a drop in semiconductor stocks including Nvidia.

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