US Stock Market Live Update: US markets showed resilience on Monday, with the Dow Jones Industrial Average slipping only marginally, even as escalating tensions between the US and Iran kept investors on edge. Dow Jones fell 140 points, or 0.3%, while the S&P 500 declined 0.4%. The Nasdaq Composite underperformed slightly, pulling back 0.7% in early trade.
US Stock Market Live Update: US markets showed resilience on Monday, with the Dow Jones Industrial Average slipping only marginally, even as escalating tensions between the US and Iran kept investors on edge.
Dow Jones fell 140 points, or 0.3%, while the S&P 500 declined 0.4%. The Nasdaq Composite underperformed slightly, pulling back 0.7% in early trade.
The muted reaction comes as traders appear reluctant to fully price in a worst-case geopolitical scenario, especially after a sharp rebound that pushed equities from near-correction territory to record highs in recent sessions.
Before this, stock futures slipped early Monday after President Donald Trump said the US had seized an Iranian-flagged cargo ship in the Gulf of Oman, escalating the standoff just days before a ceasefire deadline.
This comes after US President Donald Trump claimed that American forces fired on and seized an Iranian-flagged cargo ship in the Gulf of Oman, escalating the conflict after Tehran skipped another round of US-led peace talks.
The situation worsened as Iran moved to restrict vessel traffic through the Strait of Hormuz, stoking fears of supply disruptions in a key global oil route.
Crude prices surged on the back of these developments, with West Texas Intermediate jumping over 6% to above $88 per barrel and Brent crude climbing past $95 per barrel, amplifying inflation concerns and adding another layer of uncertainty for markets already navigating record highs.