Wall Street Falls From Its Records as AI Stocks Slump and Oil Prices Rise
Rising crude prices and inflation worries pushed Treasury yields higher as investors doubted a quick end to the Iran war.
- Wall Street declined on Tuesday, May 12, 2026, as the Dow Jones Industrial Average fell 185 points amid fading hopes for a resolution to the Iran war.
- Brent crude oil prices surged 50% from roughly $70 following the shutdown of the Strait of Hormuz, which stoked inflation across the United States more than economists expected.
- Technology stocks including Micron Technology and CoreWeave slumped on Tuesday, with Micron dropping 3.9% after gaining nearly 179% for the year, while South Korea's Kospi index tumbled 2.3%.
- Treasury yields rose to 4.45% as investors suspect the Federal Reserve will maintain high interest rates in response to persistent inflation driven by energy costs and tariffs introduced by President Donald Trump.
- President Donald Trump said the U.S.-Iran ceasefire is on "life support" after rejecting Iran's latest peace proposal, raising stakes for his upcoming trip to China.
26 Articles
26 Articles
The actions on Wall Street fall on Tuesday, May 12, due to the concern of the operators about the shocks that could generate for inflation the increase in energy prices due to the war in Iran. The Pentagon updated the ‘account’ of the war in Iran to 29 billion dollars, at a time when Donald Trump and Tehran do not show signs of progress in an agreement that began on February 28. “We anticipate that the day will be volatile, since, while corporat…
Wall Street falls from its records as AI stocks slump and oil prices rise
Rising oil prices and a sudden halt for technology stocks are knocking Wall Street off its record highs on Tuesday.The S&P 500 fell 1% from its all-time high set the day before. The Dow Jones Industrial Average was down 77 points, or 0.2%, as of 1 p.m. Eastern time, and the Nasdaq composite was down 2% from its own record. Some of the sharpest drops hit chip companies and stocks that had been on electric runs because of the artificial-intelligen…
The S&P 500 opens the first session of the week to fall 0.08% to the 7,392.88 points, after having set a new record in the Friday session. The Nasdaq Composite falls 0.16% to the 26,206.16 points and the Dow Jones devalues 0.17% to the 49.524.07 points. MTrader analysts emphasize that the Wall Street starts slightly low, in the absence of signs of understanding between the US and Iran so that it can be placed a final point in the Middle East con…
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