Stock Market Today: Dow Futures Plunge 323 Points, Apple Sinks, and Iran Strikes Send Oil Soaring
Apple’s weaker margin outlook and a jump in oil prices pushed Dow futures lower as investors weighed higher war risk and rising bond yields.
5 Articles
5 Articles
The US exchanges operate in opposite directions this Tuesday, amidst volatility in oil prices and the recovery of the technology sector, after adjustments of positions seen in recent days. The US attacks on Iran pushed oil prices in the morning, but the statement by US President Donald Trump that it will cut military financing to Israel caused a drop in asset prices. The negative reaction to Apple's quarterly results cools the market's animositi…
Stock Market Today: Dow Futures Plunge 323 Points, Apple Sinks, and Iran Strikes Send Oil Soaring
Apple's margin warning and a reported strike on Iranian soil are pulling markets in opposite directions this morning, and the combination is raising questions about whether the AI trade can survive the crossfire.
Detailed analysis of the historical volatility that shakes Wall Street, with Nasdaq in correction, Apple falling sharply, oil rising through geopolitical conflicts and US elections generating uncertainty in the market.
On Monday, the Dow Jones Industrial Average on the New York Stock Exchange rebounded for the first time in three trading days, closing at 51,983.98 dollars, up 213.67 dollars from the previous week's close. Buying orders were dominant, driven by optimism over the sharp decline in crude oil futures prices.
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