Dow tumbles nearly 800 points as surging oil prices raise fears about economic toll of Iran conflict

Market Overview - Stocks are experiencing a decline today, with the Dow down approximately 800 points, the S&P 500 down about 40 points, and the Nasdaq down by around half a percent [1] - The Russell 2000 index is the hardest hit, showing a decrease of about 2% [1] Sector Performance - Some of the year's leading sectors, including industrials, materials, and staples, are now among the biggest laggards [1] - Conversely, the consumer discretionary sector is managing to achieve slight gains despite the overall market downturn [1]