LIVE MARKETS-Wall Street stocks fall as Trump deadline for Iran nears
Dow Jones Industrial Average DJI | 0.00 | |
CBOE Volatility Index | 0.00 | |
S&P 500 index SPX | 0.00 | |
NASDAQ IXIC | 0.00 |
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com
WALL STREET STOCKS FALL AS TRUMP DEADLINE FOR IRAN NEARS
Major U.S. stock indexes are lower early on Tuesday, led by a more than 1% decline in the Nasdaq .IXIC, with investors on edge ahead of President Donald Trump's deadline for Iran to reopen the Strait of Hormuz.
Oil prices also rose, adding to jitters. All of the major S&P 500 .SPX sectors are lower aside from energy .SPNY and utilities .SPLRCU.
Iran was showing no sign of accepting Trump's ultimatum to open the Strait of Hormuz by the end of Tuesday, while the U.S. president threatened that "a whole civilization will die tonight" unless Tehran reached a last-minute deal.
Trump has given Iran until 8 p.m. in Washington - 3:30 a.m. in Tehran - to end its blockade of Gulf oil, or he will destroy every bridge and power plant in Iran.
Here is the early market snapshot:
(Caroline Valetkevitch)
*****
EARLIER ON LIVE MARKETS:
WANTS VS. NEEDS: A MARKET CLUE TO HOW OPTIMISTIC INVESTORS ARE FEELING CLICK HERE
HEIGHTENED VOLATILITY, HEADLINE RISK CLICK HERE
BACK TO THE 2022 PLAYBOOK CLICK HERE
ON THE GROUND IN HORMUZ WITH CITRINI RESEARCH CLICK HERE
STOXX DIPS, MEDIA STOCKS JUMP ON UMG BID CLICK HERE
EUROPE BEFORE THE BELL: FUTURES TREAD WATER AS IRAN DEADLINE NEARS CLICK HERE
A BREAKTHROUGH DEAL OR A CRUDE AWAKENING? CLICK HERE