business / news / / The Economic Times
The Dow Jones fell 181 points, the S&P 500 dropped 45 points (0.68%), and the Nasdaq slid nearly 1.2%.
US strikes near Iran’s Kharg Island triggered a sharp sell-off across US stock indices today.
KEY POINTS
- Brent crude oil surged above $111 and WTI neared $116, fueling global inflation fears.
- President Trump set an 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz.
- Recent US core capital goods orders rose 0.6% in February, but January was revised lower.
- Positive corporate news, like Broadcom’s AI partnerships, failed to offset macro-driven market declines.
COMPANIES
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