The US stock market showed a disappointing performance today after investors worried about how long the conflict in West Asia will last.
The major indexes were seen failing to continue their positive performance after recording stable readings yesterday.
At the opening, the S&P 500 index fell 0.94% to 65.03 points, the Dow Jones fell 0.82% to 399.57 points, while the Nasdaq Composite plunged 1.00% to 227.62 points.
Tensions between the US-Israel and Iran, which are now entering their fourth day, have also caused investors to worry about rising inflation as oil prices continue to rise sharply.
The situation has complicated the Federal Reserve's (Fed) policy decisions, which were previously stressed due to President Donald Trump's tariffs.
Israeli and US military actions that launched attacks on Tehran have prompted Iran to retaliate against US assets across the Middle East.
In addition, Iran has also asserted that they will attack any ship attempting to pass through the Strait of Hormuz, as well as halt oil and gas production in the Middle East.
The move has increased global shipping rates, as well as crude and natural gas prices.
