Stock market today: Dow, S&P 500 sink, Nasdaq enters correction territory Big Tech slides, as oil spikes amid Iran war
US stocks sank on Thursday, with the Nasdaq Composite entering correction territory as oil prices spiked amid the US-Iran conflict. The Dow Jones Industrial Average and S&P 500 also fell, driven by concerns over the conflict's economic cost and a landmark ruling against Big Tech companies.
US stocks fell on Thursday. The Nasdaq Composite dropped 2.3% and entered correction territory. The S&P 500 and Dow Jones Industrial Average fell 1.7% and 1%, respectively. Big Tech stocks were under pressure after a ruling against Meta and YouTube. Oil prices jumped, with Brent crude futures above $102. The US-Iran conflict continues to drive market uncertainty.
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