24 Hrs
Source:
المشهد العربي
American stocks fall as tensions rise
The U.S. stock markets experienced a decline at the start of trading, influenced by rising oil prices and escalating tensions between the United States and Iran, which raised investor concerns about market stability. The Dow Jones Industrial Average fell by 0.60% to reach 53,243 points, while the S&P 500 decreased by 0.45% to 7,676 points, and the Nasdaq dropped by 0.40% to 26,288 points. Meanwhile, U.S. bond yields surged to record highs due to geopolitical tensions, and the market currently estimates a 60% chance of the Federal Reserve increasing interest rates at the September meeting.
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