Nasdaq Today LIVE: Index Slips 0.41% Into Red as Oil Surges & Fed Rate-Hike Bets Keep Wall Street On Edge Lower Amid US-Iran Hormuz Tensions; Check What Investors Should Watch
India, Aug. 31 -- The Wall Street opened the closing trading session for August with a weak performance due to fresh US-Iran conflicts in the Strait of Hormuz. The DJIA, S&P 500 and Nasdaq Composite were all opened with negative results, while oil prices saw significant gains. The DJIA was at 53,216.99, losing 343 points or 0.64% while the Nasdaq was at 26,315.97, losing 86.45 points or 0.33% and the S&P 500 had lost 33.08 points or 0.43%.
Market Snapshot
The opening numbers were slightly weaker, with the Dow down 0.65%, Nasdaq lower by 0.44% and S&P 500 off 0.48%.
US Stock Market Today: Key Market Indicators
The sharpest signal came from crude, with both US oil and Brent moving higher as geopolitical risks returned to the centre of t...
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