Wall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech stocks led declines, though chipmakers stayed resilient on AI optimism. Strong services data and steady labor conditions contrasted with geopolitical risks, while expectations for a potential Fed rate hike continued to climb.

Dow Jones Today | US Stock Market Live: US stock futures eased as rising crude prices and renewed Middle East tensions weighed on sentiment near record highs. AI-driven momentum…

US stocks opened lower as rising crude oil prices and renewed Middle East tensions pressured sentiment, after reports of Iranian missile activity near Kuwait and Bahrain. Dow, S&P…

Wall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech stocks led declines, though chipmakers…

The Dow Jones Industrial Average fell 1.21 per cent, to 50,687.07 while the S&P 500 lost 0.74 per cent, to 7,553.72. Read more at straitstimes.com. Read more at straitstimes.com.

Wall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. The Nasdaq plunged over 4%, ending a…