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Markets tumbled after President Trump said the ceasefire with Iran may be over. Speaking in Turkey at the NATO summit, the president said the U.S. was likely to continue strikes. The Nasdaq Composite, however, managed a 0.2% gain.
The S&P 500 may not suggest it, but most of the stock market struggled on Wednesday. The Dow was down 577 points or 1.1%. Beyond the blue-chip index, things looked less dire. The S&P fell 0.3% and the tech-heavy Nasdaq was up 0.
Oil prices jumped 6% while U.S. stocks fell as renewed Middle East conflict threatens crude shipments through the Strait of Hormuz.
(Updates with index/price moves and political news from the first paragraph.) US equity indexes t
Energy stocks were higher late Wednesday afternoon, with the NYSE Energy Sector Index and the State
BNP Paribas analyst James Picariello doesn’t see a Tesla-SpaceX merger happening any time soon. He ticks off several reasons why.
Stocks were little-changed after the Fed released minutes from its latest meeting. The Federal Open Market Committee held rates steady in June, and the meeting was the first under the leadership of Chairman Kevin Warsh. The Dow was down 600 points, or 1.6%, the S&P 500 was down 0.4%, and the Nasdaq was down 0.1%.
Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 1.3% and the
Oil surged and stocks slid after the president's comments at a NATO summit, while semiconductor stocks staged a quiet recovery.
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The Dow fell further in morning trading amid a broad sell-off on Wall Street. The blue-chip index was down 1.5%, or 800 points. The Nasdaq and S&P 500 were also in the red, trading 0.9% and 0.9%, respectively.
Trump's remarks followed U.S. strikes against Iran on Tuesday, carried out in response to attacks on three commercial vessels in the Strait of Hormuz
Stocks kicked off Wednesday’s session in the red as the US-Iran peace deal collapsed. The tech-heavy Nasdaq was down 0.3% while the S&P 500 was 0.5% lower and the Dow fell 476 points or 0.9%, extending Tuesday’s losses that were driven by chip stocks as AI trade fears reignited. The conflict in the Middle East has ramped up with strikes from both sides after Trump confirmed the US-Iran cease-fire is off.
The Dow Jones Industrial Average fell more than 540 points, while the S&P 500 index declined about 0.6% and the Nasdaq Composite fell 0.4%.
July 8 (Reuters) - Wall Street's main indexes opened lower on Wednesday after President Donald Trump said an interim deal aimed at ending the war with Iran was "over," sending oil prices higher and
Tesla produced a new version of its Model Y crossover. Tesla stock was down 1.1% in premarket trading at $396.61, while and futures were down 0.6% and 0.9%, respectively. The stock is down despite Tesla starting production of the three-row, six-seat version of its Model Y, called the Model Y L, with L for long wheelbase.
US stock prices were falling in Wednesday's premarket session as oil prices jumped after President T
US stocks are expected to extend losses on Wednesday after oil prices spiked following an exchange of strikes between the US and Iran that led to President Donald Trump declaring the ceasefire "over". Dow Jones futures were down 1.1%, with S&P 500 futures pointing to a 0.9% drop, while...
Stock Market Today: The Dow Jones index dropped Wednesday after Trump declared the ceasefire is "over." Micron and Sandisk dived.
News of the day for July 8, 2026
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