Market Data
MarketsStock Market Today: Dow Dives 800 Points On U.S.-Iran Fears; Credo, MongoDB Fall On Results (Live Coverage)
Key Takeaways
- 1Dow Jones Industrial Average fell 800 points due to U.S.-Iran fears.
- 2Credo Technology (CRDO) and MongoDB (MDB) experienced declines post-earnings.
- 3Increased geopolitical risk is driving a flight to safety and higher oil prices.
The Dow Jones Industrial Average plunged 800 points following escalating geopolitical tensions between the U.S. and Iran, triggering a broad market sell-off. This risk-off sentiment led to significant drops in individual stocks, including Credo Technology (CRDO) and MongoDB (MDB), after their respective earnings reports. Investors are seeking safe-haven assets, with crude oil prices soaring, indicating heightened anxiety. The market will closely watch further developments in the Middle East and any potential impact on global economic stability.
Related Topics
Related Articles
Matson’s Protected U.S. Shipping Routes and Premium Pacific Service Anchor the Business as Flat Footed LLC Exits Position
neutral
Yahoo Finance41 minutes ago
Disciplined Growth Investors Trim InterDigital After Strong Run in Wireless Technology Stock
neutral
Yahoo Financeabout 3 hours ago
China’s PBOC Extends Gold Buying as Middle East Tension Simmers
bullish
Bloombergabout 3 hours ago
Goodnow Investment Group Boosts Stake in Instacart as Brands Compete for Digital Shelf Space
bullish
Yahoo Financeabout 3 hours ago
You May Also Like
Matson’s Protected U.S. Shipping Routes and Premium Pacific Service Anchor the Business as Flat Footed LLC Exits Position
Yahoo Finance•41 minutes ago
Disciplined Growth Investors Trim InterDigital After Strong Run in Wireless Technology Stock
Yahoo Finance•about 3 hours ago
China’s PBOC Extends Gold Buying as Middle East Tension Simmers
Bloomberg•about 3 hours ago
Goodnow Investment Group Boosts Stake in Instacart as Brands Compete for Digital Shelf Space
Yahoo Finance•about 3 hours ago
A Winning Blue-Chip Fund Flips the Script on the AI Trade
Yahoo Finance•about 4 hours ago
$GS
Greer, Schwarzman Lined Up for Australia Pensions Summit in US
Bloomberg•about 4 hours ago