Next Article
Business
•
Jun 14, 2025
Wall Street plummets amid Iran-Israel conflict
Stocks took a big hit on Friday as Iran fired missiles at Israel, answering Israeli strikes on its nuclear and military sites. The conflict rattled investors, pushing oil prices up nearly 7% over worries about Middle East supply. Energy stocks climbed, but most of the market felt the shock.
TL;DR
US market suffers big jolt
This isn't just a headline—major indices like the Dow, S&P 500, and Nasdaq all dropped sharply (up to 1.8%). Financial and tech stocks led the fall, while airlines slid too thanks to higher fuel costs. Analysts warn that if tensions keep rising and disrupt oil moving through the crucial Strait of Hormuz (where about 33% of global oil passes), we could see even higher prices and more inflation ahead.