U.S. Stocks Fall Amid Mideast Clashes
The latest skirmish between the U.S and Iran decisively broke a long winning streak for stocks, with the Dow Jones Industrial Average closing down 1.2%, the Nasdaq composite falling 0.9% and the S&P 500 declining 0.7%.
U.S.-Iran Skirmish Spurs Deadly Drone Attack on Kuwait Airport
The fresh fighting was among the most intense since an April ceasefire, and came as diplomatic efforts have stalled.
How single-stock turbulence presents 'asymmetric' downside risk for a rather calm S&P 500
