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U.S. Stock Market: Major stock indexes lower as escalating tensions between the U.S. and Iran cool risk appetite

2026-07-13·newswire-us-stock-211801

U.S. Stock Market: Major stock indexes lower as escalating tensions between the U.S. and Iran cool risk appetite.

U.S. stocks fell on Monday as investors assessed developments in the Middle East after President Trump said he would resume a blockade on Iran. The S&P 500 ended two consecutive days of gains, closing down 0.8% in New York. The Nasdaq 100 index, which is dominated by technology stocks, fell 1.9%; Brent was trading at around $84 a barrel.

Trump said the United States would reinstate a blockade of Iranian ships passing through the Strait of Hormuz and demand a 20 percent compensation for all other cargo shipped through the waterway.

The latest developments further undermined market hopes for a peaceful resolution to the conflict, with rising energy prices reigniting concerns about inflation and its drag on economic growth.

Fed Governor Waller said that if underlying inflation continues to indicate widespread price pressures, policymakers may need to raise interest rates in the near future. Technology stocks lagged amid continued geopolitical uncertainty and rising inflation concerns. The information technology sector is currently the worst-performing sector in the S&P 500.

Paul Christopher, global head of investment strategy at Wells Fargo Investment Institute, said: "As global interest rates rise and investors begin to question the sustainability of technology-related spending, the valuations of some technology and artificial intelligence-related companies have once again become the focus of market attention." In terms of

individual stocks, SK Hynix ADR fell 9.3% due to the renewed pressure on the rise of Korean artificial intelligence concept stocks. The U.S. stock market will face an important test this week. A number of economic data will be released soon, and the earnings season will also get into full swing.

As of the close, the S&P 500 index fell 0.8% to 7515.34 points; The Dow Jones Industrial Average fell 0.3% to 52,498.64 points; The Nasdaq Composite Index fell 1.6% to 25,873.18 points; The Nasdaq 100 index fell 1.9% to 29,264.1 points; The Russell 2000 index fell 0.8% to 2953.166 points.

#Stocks #AI #Fed #Earnings #Nasdaq

Full text

U.S. Stock Market: Major stock indexes lower as escalating tensions between the U.S. and Iran cool risk appetite

U.S. stocks fell on Monday as investors assessed developments in the Middle East after President Trump said he would resume a blockade on Iran. The S&P 500 ended two consecutive days of gains, closing down 0.8% in New York. The Nasdaq 100 index, which is dominated by technology stocks, fell 1.9%; Brent was trading at around $84 a barrel. Trump said the United States would reinstate a blockade of Iranian ships passing through the Strait of Hormuz and demand a 20 percent compensation for all other cargo shipped through the waterway. The latest developments further undermined market hopes for a peaceful resolution to the conflict, with rising energy prices reigniting concerns about inflation and its drag on economic growth. Fed Governor Waller said that if underlying inflation continues to indicate widespread price pressures, policymakers may need to raise interest rates in the near future. Technology stocks lagged amid continued geopolitical uncertainty and rising inflation concerns. The information technology sector is currently the worst-performing sector in the S&P 500. Paul Christopher, global head of investment strategy at Wells Fargo Investment Institute, said: "As global interest rates rise and investors begin to question the sustainability of technology-related spending, the valuations of some technology and artificial intelligence-related companies have once again become the focus of market attention." In terms of individual stocks, SK Hynix ADR fell 9.3% due to the renewed pressure on the rise of Korean artificial intelligence concept stocks. The U.S. stock market will face an important test this week. A number of economic data will be released soon, and the earnings season will also get into full swing. As of the close, the S&P 500 index fell 0.8% to 7515.34 points; The Dow Jones Industrial Average fell 0.3% to 52,498.64 points; The Nasdaq Composite Index fell 1.6% to 25,873.18 points; The Nasdaq 100 index fell 1.9% to 29,264.1 points; The Russell 2000 index fell 0.8% to 2953.166 points.

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