Dow Jones slides over 400 points as US-Iran tensions flare
A US-Iran hostilities re-escalation lifted crude prices and triggered sell-offs across benchmark indices and global bonds. The Dow Jones ended down over 400 points, while the S&P 500 fell 0.7.
A re-escalation in hostilities between the US and Iran led to a spurt in crude oil prices on Tuesday, September 1, and triggered a sell-off in benchmark indices on Wall Street as well as in the global bond markets.The Dow Jones ended the session with losses of over 400 points, the S&P 500 fell 0.7…