The Dow Jones Industrial Average dropped 1.6%, while the S&P 500 fell 0.6% and the Nasdaq composite declined 0.3%.

Stocks fell on Thursday as investors were worried about conflict in Iran, rising oil prices and higher U.S. bond yields.

Oil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street’s worst week since October.

From a purely statistical standpoint, Wall Street has been pleased with Donald Trump's tenure in the White House. Although the stock market has endured some of its wildest histori

Stocks extended their selloff in afternoon trading and were near session lows entering the final hour before market close. The Dow Jones Industrial Average was down 1,070.30 points, or 1.2% lower. The S&P 500 fell 81.

The Dow Jones Industrial Average briefly dropped more than 1,000 points after the price of oil spiked to its highest level since the summer of 2024.