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Wall Street Falls on Middle East Concerns

Wall Street Falls on Middle East Concerns

U.S. stock indices declined at the start of trading amid lower-than-expected earnings forecasts from Western Digital and Sandisk, as markets prepare for further developments in the Middle East geopolitical situation, particularly regarding the upcoming peace agreement and its potential impact on global markets. The S&P 500 decreased by 0.13% to reach 7,713.79 points, while the Nasdaq fell by 0.36% to 26,268.84 points. Meanwhile, the Dow Jones rose by 0.14% to 54,426.85 points, supported by the strong performance of leading stocks outside the technology sector. Investors are awaiting further developments in the region and their possible effect on risk appetite in the markets.

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