Dow Jones Loses 147 Points After Escalating Conflict with Iran
2 Articles
2 Articles
The U.S. markets fell on Monday, April 20 after the U.S. Navy seized an Iranian cargo ship in the Gulf of Oman over the weekend. President Donald Trump confirmed that the Navy fired on the ship's engine room before taking it into custody.The Dow Jones Industrial Average lost 147.82 points (-0.30%) to close at 49.299.61 units. The S&P 500 dropped 0.53% to 7,088,12 points, while the Nasdaq Composite retreated 0.88% to 24,254,02 points. All three i…
The seizure of an Iranian-flagged freighter rekindles geopolitical risk and cools the appetite for risk in opening, with Europe also in red.
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