Stock Market Today: Major Indexes Tank as Iran War Escalates; Dow Drops 950 Points; Oil Surges Further
Major stock indexes plummeted Tuesday, with the Dow Jones Industrial Average shedding 950 points, as the conflict in the Middle East escalated. Meanwhile, oil futures soared for a second straight day. The blue-chip Dow, tech-heavy Nasdaq, and benchmark S&P 500 were down 1.9%, 1.9%, and 1.7%, respectively, in recent trading. Yesterday, the Nasdaq and S&P 500 rallied to post modest gains, while the blue- chip Dow Jones Industrial Average ended down 0.2%. Fighting in the Middle East has shown no signs of slowi ...