Stock market update today: When will Dow, S&P, Wall Street stabilize amid US-Iran war? Experts weigh in
US stock markets remained volatile on Tuesday as investors grappled with uncertainty surrounding the escalating conflict between the US and Iran. The Dow Jones Industrial Average dropped roughly 165 points, while the S&P 500 slipped around 0.3% in afternoon trading, with crude prices surging due to disrupted production and transportation routes across the Persian Gulf.
US stock markets were volatile on Tuesday due to uncertainty over the US-Iran conflict. The Dow Jones Industrial Average dropped 165 points, and the S&P 500 slipped 0.3%. Crude prices surged, with US crude rising 1.3% to $113.82 per barrel. Investors are watching for a decisive outcome to trigger market stability. Rising oil prices hit companies with high fuel costs, while gains in healthcare stocks limited broader losses. Gold prices drifted higher, with spot gold up 0.8% at $4,684.59 per ounce.
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