Stock market today: Dow, S&P 500, Nasdaq drop after rally as Iran war drags on
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US stocks dropped on Tuesday as optimism over easing tensions in the Middle East waned, following a report that the US plans to deploy troops to the region. The Dow Jones Industrial Average rose by 0.4%, while the S&P 500 dropped 0.4%, and the Nasdaq Composite fell 1%.
US stocks fell on Tuesday after a report said the US would deploy troops to the Middle East. The Dow Jones Industrial Average rose 0.4%, but the S&P 500 and Nasdaq Composite dropped 0.4% and 1%, respectively. The decline came after a Wall Street Journal report on troop deployment. Oil prices initially fell but rebounded as fighting between Iran and the US-Israeli alliance continued. Markets had risen on Monday after President Trump said the US had productive discussions with Iran. Investors now await US manufacturing data and the end of earnings season.
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