The Dow recorded its worst week since President Trump unveiled his tariff policy in April.
Stock futures were plunging to start the week’s trading as U.S. oil prices topped $100 a barrel amid the U.S.-Iran conflict, raising fears higher energy prices could dramatically slow the U.S. economy. The Dow Jones Industrial Average
is coming off its biggest weekly slide in nearly a year.
Futures
tied to the Dow fell 806 points, or 1.7%. S&P 500 futures
and Nasdaq 100 futures
The Dow Industrials lost nearly 785 points in Thursday’s sell-off as oil prices leapt. The blue-chip index is on track for its…
The war between the U.S. and Iran is threatening to widen and jolt global energy supplies.
On Saturday, the United States joined Israel's war against Iran after attacking three key Iranian nuclear sites.
The S&P 500 fell 0.6% and was on track for its first loss this week. The Dow was down 380 points, or 0.8%, as of 12:55 pm ET.
Heightened geopolitical tensions are front and center heading into a pivotal week for stocks.
Investors remained wary of the impact of the U.S.-Iran war on oil prices throughout the day.
