Wall St ends sharply lower as Iran retaliates against Israel attack
- Wall Street ended sharply lower on Friday as U.S. indexes fell following Iran's retaliatory missile strike on Israel after Israeli attacks on Iranian targets.
- The market decline stemmed from escalating Middle East violence that sparked fears of disrupted crude oil supply via the Strait of Hormuz and a broader conflict.
- The S&P 500 dropped 1.1% to 5,976.97, the Dow fell 770 points or 1.8% to 42,198, and the Nasdaq lost 1.3%, while defense stocks gained over 3%.
- Oil prices surged nearly 7% due to supply concerns, pushing airline stocks down with Delta losing 3.8%, United 4.4%, and American Airlines 4.9%, amid fears of rising fuel costs.
- Investors sought safe havens as tensions rose, with gold hitting a record and the dollar strengthening, while ongoing U.S.-Iran talks are scheduled in Oman on Sunday.
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US stock market ends lower as Israel-Iran conflict escalates; Dow Jones, Nasdaq crack over 1%; defence stocks rally
Wall Street: Ten of the eleven S&P 500 sector indices closed lower, with financials leading the decline, falling 2.06%, followed by a 1.5% drop in the information technology sector. Declining stocks outnumbered advancers on the S&P 500 by a ratio of 6.1 to 1.
Wall Street ends sharply lower as Iran retaliates against Israel | Honolulu Star-Advertiser
Wall Street ended sharply lower today after Iran launched missiles at Israel in response to intensive Israeli strikes aimed at crippling Tehran’s ability to build nuclear weapons.
US stocks slump more than 1% on worries about crude market
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy. The S&P 500 sank 1.1% Friday…

How major US stock indexes fared Firday, 6/13/2025
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy. The S&P 500 sank 1.1% Friday and wiped out what had been a modest gain for the week. The Dow Jones Industrial Average dropped 769 points, and the Nasdaq composite lost 1.3%. Crude prices jumped roughly 7% because Iran is one of t…
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