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S&P 500 ends down after Trump says Iran deal is ‘over’
Oil prices climbed 5.2% and nine S&P 500 sectors fell after Trump said the Iran deal was over, deepening market worries.
- On Wednesday, the S&P 500 fell 0.28% after U.S. President Donald Trump declared the interim deal aimed at ending the war with Iran was "over."
- Oil prices surged 5.3% to a two-week high following Trump's remarks, as he warned Washington would likely carry out additional strikes on Iran.
- While broader indexes struggled, Broadcom rallied 4.8% after Apple announced plans to spend more than $30 billion on chip-supply agreements, helping keep the Nasdaq in positive territory.
- Travel stocks including United Airlines and Delta Air Lines lost more than 1% as the International Monetary Fund lowered its 2026 global growth forecast to 3%.
- "The ceasefire had helped contain some of the risk premium in oil; its collapse puts energy prices back at the center of the market outlook," said Lale Akoner, global market strategist for eToro.
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15 Articles
The Straits TimesReposted by 
Free Malaysia Today News
Free Malaysia Today NewsS&P 500 ends down after Trump says Iran deal is ‘over’
The Dow Jones Industrial Average declined 1.09 per cent to 52,348.39 points. Read more at straitstimes.com.
·Singapore, Singapore
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The Post and CourierReposted by 
The Billings Gazette
The Billings GazetteS&P 500 ends down after Trump says Iran deal is 'over'
NEW YORK — The S&P 500 ended lower July 8 after President Donald Trump said an interim deal aimed at ending the war with Iran was "over," while Broadcom led gains among recently battered chip stocks.
·Charleston, United States
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Coverage Details
Total News Sources15
Leaning Left0Leaning Right3Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
C 57%
R 43%
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