Dow Jones Plunges Amid US-Iran Tensions and Tech Sector Losses

The Dow Jones Industrial Average (.DJI) closed at 53,185.90 on August 31, down 374.09 points or 0.7% from its previous close.

This decline was due in part to the US-Iran airstrikes and rising oil prices, as well as losses for major tech companies like Amazon (AMZN.US) and Alphabet (GOOGL.US).

The Dow-30, S&P 500, and Nasdaq Composite all fell on Monday, with the Dow Jones shedding 374.09 points to its lowest close since September's trading shift.