Wall Street Falls as Iran-US Conflict Enters 5th Week

thecekodok


The US stock market started the week with a disappointing performance as the tense conflict in Iran entered its fifth week.


The fall came as investors prepared to start a shorter trading week in conjunction with a public holiday.


In terms of the performance of the main indices, the Dow Jones fell 1.73% to 793.47 points, the S&P 500 fell 1.67% to 108.31 points, while the Nasdaq Composite plunged 2.15% to 459.72 points.


Investor doubts about the resolution of the Iran war are increasing after the Houthi militants joined the conflict.


The situation was driven by additional US troops deployed to the region.

Tags