US Stocks Plummet Amid Rising Oil Prices, US-Iran War Fears
The US stock market experienced significant losses on Tuesday, with the Dow Jones Industrial Average plummeting by 511 points or 0.7%.
This decline came as investors grappled with rising oil prices, which have climbed to their highest level in about six weeks, according to CNBC.
Rising tensions between the US and Iran, coupled with ongoing trade tensions with Canada, added to investor anxiety.