Dow Jones, Nasdaq, US Stock Market Today Live Updates: Check Latest Moves in Futures, Nasdaq Drops for Third Day as Oil Prices Surge & Iran Tensions Weigh on Wall Street | Why are Stocks Down Today
India, June 11 -- Dow Jones, Nasdaq, US Stock Market Today Live Updates: A wave of risk aversion swept through Wall Street on Wednesday as investors dumped technology stocks, pushed energy prices higher and reassessed the global economic outlook amid escalating tensions involving Iran. The Dow Jones Industrial Average, Nasdaq Composite and S&P 500 all traded sharply lower with major indexes sliding more than 1% as geopolitical uncertainty combined with inflation concerns to rattle financial markets.
The latest selloff marked the third straight session of losses for technology shares, a sector that has powered much of the market's gains this year as oil surged above $90 per barrel and inflation accelerated to a three-year high while inves...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.