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.
20 Articles
20 Articles
Tulsa World
News & RecordMarkets end mixed as Iran deal falters
The S&P 500 ended lower on Wednesday 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.
Trump is set to rip up the 'memorandum of understanding' with Iran—and Wall Street doesn’t care
Good morning. On Fortune’s radar today: Federal judge pours scorn on Elon Musk settlement. Iran and the U.S. enter second day of renewed missile strikes. Markets: Climbing the wall of worry. Investors balk at Amazon’s ‘surprise’ new debt. Confusing evidence on whether the World Cup creates jobs. CEO of $4.8 billion software company secretly tracks down your ex-bosses. 📬 Would you prefer to receive this information in your email inbox every mor…
The Straits Times
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.
Coverage Details
Bias Distribution
- 59% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
