Economy

Attacks across Middle East as Iran war enters second month

North America / United States1 views1 min
Attacks across Middle East as Iran war enters second month

The US stock market has suffered its fourth week of losses since the start of the Iran war, with the S&P 500, Dow Jones Industrial Average, and Nasdaq all experiencing significant declines. The losses are starting to build up and accelerate, with the Dow Jones Industrial Average down 10% from its most recent high, marking a correction.

The US stock market has seen significant losses in recent weeks. The S&P 500 slid 1.67% on Friday, its biggest weekly loss since the war began. The Dow Jones Industrial Average dropped over 1.7%, down 10% from its recent high. The Nasdaq fell 2.1%, entering correction territory. All three indexes are down over 7% in the last month. The losses are accelerating, affecting the US market.

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