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Stock market today: Nasdaq leads stock declines while oil spikes on Iran attack

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West Texas Intermediate Новости

Nasdaq Composite,Oil Prices,Ballistic Missiles

US stocks sold off on Tuesday after Iran fired over 100 ballistic missiles against Israel.

US stocks slid on Tuesday after Iran fired over 100 ballistic missiles at Israel, pushing oil prices for West Texas Intermediate and Brent to their biggest increases in nearly a year. The Dow Jones Industrial Average was just below the flat line, while the S&P 500 fell about 0.6% after both major indexes capped last month — and quarter — with fresh record highs. The tech-heavy Nasdaq Composite lost more than 1.1%.

04 million jobs open at the end of August, an increase from the 7.71 million seen in July. US manufacturing held steady in September. The Institute for Supply Management said its manufacturing PMI was unchanged at 47.2 last month. Despite holding steady, the reading still came in weak, as a PMI below 50 indicates a contraction in the manufacturing sector.

 

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