US stock markets fall amid Iran strikes and potential higher interest rates
Dow down 1.09%, or 500 points, as S&P 500 sees a small loss and tech-heavy Nasdaq rises slightlyMiddle East crisis liveUS stock markets fell on Wednesday as Donald Trump declared the ceasefire with Iran was over and the Federal Reserve flagged concerns that would warrant higher interest rates.Trump’s comments on the Iran-US war at the Nato summit in Ankara sent oil prices sharply higher. Brent crude, the global benchmark, jumped more than 5% to crest $80 a barrel. US stocks fell in step, with the Dow down 1.09%, or 500 points, at closing Wednesday afternoon. The S&P 500 saw a
Source: guardian-world