US Stocks Tumble as Iran Conflict's Impact on Crude Remains Unclear
The US stock market experienced a modest drop on Tuesday as it continued to hover near its record highs. The S&P 500 fell by 0.3% for its second straight decline since reaching an all-time high on Friday.
This decrease marked the Dow Jones Industrial Average's 184-point slide, or 0.3%, and the Nasdaq composite dropped by 0.6%. The ongoing uncertainty surrounding the war between Iran and the US continues to affect oil prices, causing them to fluctuate wildly.