Wall Street Falls as Impact of Iran War Deepens
U.S. stocks sank further on Friday as the U.S. and Israel’s conflict with Iran—already driving oil prices sharply higher—showed no clear signs of ending. The renewed risk-off tone reflected growing fears that an extended energy shock could worsen inflation, pressure growth, and keep monetary policy restrictive for longer.
The Dow Jones Industrial Average fell 443.96 points, or 0.96%, closing at 45,577.47. The S&P 500 dropped 1.51% to finish at 6,506.48, while the Nasdaq Composite slid 2.01% to settle at 21,647.61. The small-cap Russell 2000 declined more than 2% and slipped into correction territory—a roughly 10% drop from its most recent high. The Dow and Nasdaq were also just shy of correction levels.
The selloff followed overnight exchanges of strikes between Iran and Israel, while Iran also launched new attacks on energy sites in the Persian Gulf region—reinforcing concerns over prolonged supply disruptions and sustained volatility in oil markets.
Geopolitical risk escalated further as reports suggested the U.S. was increasing its military posture in the region. The Wall Street Journal reported, citing U.S. officials, that the Pentagon is sending thousands of additional Marines to the Middle East. CBS News said “heavy preparations” were being made for potentially sending ground troops to Iran, citing multiple sources.
Source : Newsmaker.id
