The S&P 500's 9-day win streak ended as geopolitical tensions tied to Iran drove a broad sell-off, with the Dow dropping over 450 points intraday.

US stocks traded near record levels on Monday despite a fresh rise in oil prices following renewed tensions around the fragile US-Iran ceasefire, as gains in technology…

Crude oil surged nearly 8% – its best day since April 2 – after US strikes on Iran and Tehran's retaliation, stalling the S&P 500's rally even as software stocks soared.

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…