U.S. stocks closed lower after Donald Trump declared the Iran deal “over,” raising fears of further conflict and pushing oil prices higher. The Dow dropped sharply while the S&P 500 slipped. Chip stocks gained on Apples Broadcom deal, but inflation concerns and IMF growth cuts weighed on sentiment.

A divided market turns broadly lower on the prospect of renewed hostilities.

(Bloomberg) -- Stocks fell and oil rallied after President Donald Trump declared the ceasefire between the US and Iran over amid an escalation in hostilities in the Middle East.…

On Wednesday morning, U.S. stock futures took a significant hit as President Donald Trump declared the memorandum of understanding with Iran null and void. This announcement…

Wall Street opened lower after Trump said the Iran deal was over, triggering a risk-off sentiment globally. Rising oil prices added pressure on equities, with Dow, S&P 500 and…