US Stocks Stumble as Oil Prices Fall Amid Iran Conflict

The US stock market saw a mixed finish on Wall Street as crude oil prices fell for the first time in a week. The S&P 500 index barely budged, rising just 3.68 points or less than 0.1% to 7,411.98.

However, the Nasdaq fell 161.87 points or 0.6% to 24,975.82 due to sharp losses from big tech stocks such as Micron Technology and Broadcom.

The Dow Jones Industrial Average rose 235.60 points or 0.5% to 51,947.25 despite the overall market pressure caused by the US-Iran conflict and new tariffs imposed by the Trump administration.

Investors are concerned about the impact of rising energy prices and fresh tariffs on inflation, which has been affecting consumer spending and weighing on company profits.