Wall Street extend losses as investors weigh Middle East war risks
#Wall Street #stock market #investors #Middle East #war risks #market losses #geopolitical tensions
📌 Key Takeaways
- Wall Street stocks continue to decline amid investor concerns.
- Investors are assessing risks associated with the Middle East conflict.
- Geopolitical tensions are influencing market sentiment and trading decisions.
- The ongoing war is creating uncertainty in global financial markets.
🏷️ Themes
Market Decline, Geopolitical Risk
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Trump replaces Homeland Security chief Kristi Noem Oil extends weekly gains as Iran conflict rages on, with crude surging around 20% Gold prices dip as stronger dollar weighs; Iran conflict remains in focus Dollar resumes climb on safe haven demand as Iran conflict rages on (South Africa Philippines Nigeria) Wall Street extend losses as investors weigh Middle East war risks By Economy Published 03/05/2026, 03:12 AM Updated 03/05/2026, 03:31 PM Wall Street extend losses as investors weigh Middle East war risks 1 US500 -0.85% DJI -1.81% US2000 -2.14% CL 7.29% AVGO 3.58% IXIC -0.65% RCL -1.83% VIX 12.75% SPSY 0.58% SPNY -0.73% VIK -4.16% (Fixes typographical error in first paragraph, please read "U.S. stocks" instead of "S. stocks.") By Sabrina Valle and Johann M Cherian March 5 - U.S. stocks extended losses on Thursday afternoon as the Middle East conflict entered its sixth day, pushing oil prices higher and spurring worries about inflation and whether the Federal Reserve will cut interest rates. Expansion of the conflict to more countries fed fears of disruption in the Strait of Hormuz, a critical energy choke point, where missile and drone threats have drastically reduced tanker traffic. This lifted U.S. crude prices about 8% to roughly $80 per barrel. Global benchmark Brent crude rose about 4% to $85. Traders worry a prolonged interruption could feed inflation and slow economic growth. "Look at oil today, it tells you everything you need to know about why the stock market’s down," said Michael Antonelli, market strategist at Baird Private Wealth Management. At 2:15 p.m. the Dow Jones Industrial Average fell 1,045.27 points, or 2.14%, to 47,694.16, the S&P 500 lost 83.30 points, or 1.21%, to 6,786.42 and the Nasdaq Composite lost 243.81 points, or 1.06%, to 22,566.06. Limiting index losses were energy stocks, up 0.6%. A strong forecast from chip designer Broadcom (O:AVGO) that projected its artificial intelli...
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