U.S. equities extended their decline on Wednesday, with the Dow Jones shedding 458 points to close at 51,733 and the S&P 500 falling 1.2%, after Monday's session ended with more modest losses. The Nasdaq Composite retreated 2.2%. Brent crude surged above $100 a barrel and the Cboe Volatility Index jumped more than 14% as investors weighed further escalation in the Middle East. President Donald Trump threatened on social media to bomb Iranian bridges and power plants if Tehran attacks ships in the Strait of Hormuz, while the Houthi movement said it struck two Saudi oil tankers in the Red Sea. Markets now price in an 82% chance of a Federal Reserve rate increase in September. In corporate moves, Alphabet dropped 6% after raising its 2026 capital spending outlook to $205 billion, and Tesla plunged up to 14% following a second-quarter earnings miss. The European Union fined Alphabet 980 million euros for antitrust violations.
Wall Street deepens losses as oil tops $100 and tech stocks tumble
Part of US-Iran ConflictStory development
- Wall Street deepens losses as oil tops $100 and tech stocks tumble
- Wall Street closes lower as escalating US-Iran tensions drive oil prices higher
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rtp.pt PRT Wall Street segue com perdas à boleia das tensões no Médio Orientefinance.yahoo.com USA Dow falls 458 points as oil prices hit $100 a barrelkauppalehti.fi FIN PÖRSSIT: Wall Street avautui laskuun, öljy kohosi 100 dollariinkauppalehti.fi FIN Öljyn raju nousu ja tekoälyhuolet painoivat Wall Streetiä
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cnn.com USA La guerra con Irán agita a Wall Street y golpea al mercado de bonos | CNNyle.fi FIN Wall Street sulkeutui laskussa – öljyn hinta selvästi kohollanikkei.com JPN 日経平均株価、米株安や中東懸念が重荷（先読み株式相場） - 日本経済新聞aftonbladet.se SWE Wall Street föll när oljan rusadejiji.com JPN ＮＹ株続落、５０６ドル安 中東、ＡＩ投資に懸念：時事ドットコムdn.se SWE Fall på Wall Street
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