Stocks Fall, Oil Spikes 4% on Worries of Escalation Between Israel and Iran
From Dow Jones & Company: 2025-06-17 17:25:00
Stocks tumbled and oil prices surged after President Trump’s tweets raised concerns about escalating tensions between Israel and Iran. The Dow Jones fell 299 points, or 0.7%, while the S&P 500 and Nasdaq dropped 0.8% and 0.9% respectively. WTI crude oil futures spiked 4.3% to $74.84 per barrel, its highest since Jan. 22.
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