U.S. Stocks Seeing Modest Weakness Amid Renewed Israel-Iran Concerns

From Nasdaq: 2025-06-17 11:50:00

Stocks moved lower on Tuesday after a strong rebound. Nasdaq down 0.3%, S&P 500 down 0.3%, Dow down 0.2%. Traders cash in on gains amid Israel-Iran conflict worries. Trump leaves G7 summit early to focus on the conflict. Retail sales fell 0.9% in May, more than expected. Ex-auto sales down 0.3%, expected up 0.1%. Airline and pharmaceutical stocks show weakness. Telecom and housing stocks also down. Asian markets mixed, European markets down. Treasuries rebound, yield on ten-year note down to 4.419%.



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