Dow Drops 628 Points as Oil Nears $100 Amid Escalating Middle East Tensions

U.S. stocks plummeted on September 8, 2026, as rising oil prices and escalating tensions in the Middle East weighed heavily on investor sentiment.

The Dow Jones Industrial Average suffered a significant decline of 628 points, or 1.2%, to close at 52,786.07, while the S&P 500 lost 45.08 points, or 0.6%, to finish at 7,673.52.

Amgen shares were among the biggest drags on both the Dow and the health-care sector, falling around 10% and marking their largest one-day decline since October 2000.