Market Volatility: Oil Surge, Geopolitical Tensions, and Economic Slowdown Dampen US Stock Performance
Market Volatility: Oil Surge, Geopolitical Tensions, and Economic Slowdown Dampen US Stock Performance US equities experienced a downturn Tuesday, primarily driven by a significant surge in oil prices (WTI +4.3% to $74.84, Brent +4.4% to $76.45) and escalating geopolitical uncertainties stemming from the Israel-Iran conflict. President Trump’s pronouncements further exacerbated market anxieties. The S&P 500 fell 0.8%, the Dow Jones Industrial Average dropped 0.7% (-299 points), and the Nasdaq composite declined 0.9%. This largely reversed Monday’s slight recovery from earlier…