Search Results for "investor concerns about potential escalation of tensions"

US Stock Market Declines After Iran Launches Drone Attack on Israel

The US stock market experienced a significant decline on Friday, with the Dow Jones Industrial Average falling for a fifth straight day. The market's decline was the largest weekly decline since March 10, 2023, and was attributed to investor concerns about potential escalation of tensions between Iran and Israel. The market's reaction to Iran's first-ever, full-scale military assault on Israel will come on Sunday evening, when futures trading opens in the US for stocks, bonds, commodities, and currencies.