Dow falls 785 points and S&P 500 turns negative for 2026 as the Iran war triggers a cross-regional equity rout, dollar surge, and rotation into defense names.
Dow falls 785 points and S&P 500 turns negative for 2026 as the Iran war triggers a cross-regional equity rout, dollar surge, and rotation into defense names.
South Korea activates a Won100tn market fund after a 19% two-day rout; China's NPC sets a 4.5–5% growth target as Middle East volatility roils Asian equities.
Oil markets gyrate as US-Israeli strikes disrupt Middle East supply dynamics, with analysts warning of $100/barrel scenarios if the Strait of Hormuz is disrupted.
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