Wall Street stocks fall as Iran tensions, Nvidia earnings and inflation data in focus; Marvell and Micron drop 6% each
New Delhi, Aug. 24 -- Wall Street stocks fell on Monday as investors assessed the Trump administration's warning of an "economic D-Day" for Iran while also turning their attention to Nvidia's upcoming earnings report and a key US inflation reading due later this week.
At the open, the Dow Jones Industrial Average fell 15.1 points, or 0.03%, to 53,261.95. The S&P 500 fell 11.0 points, or 0.14%, to 7,663.38, while the Nasdaq Composite dropped 115.1 points, or 0.44%, to 26,065.32.
The Trump administration has warned that it could impose economic sanctions on countries and companies that continue trading with Iran, describing the potential measures as the "greatest financial offensive ever."
US Treasury Secretary Scott Bessent, who ...
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