Dow drops 500 points, S&P 500 loses 1%: first trading opened after US strikes
Major US indices started trading with a sharp decline / Photo: X/NYSE
The three major US stock indexes fell in early trading after the start of the US war against Iran and the ensuing mutual strikes. Gold, which was rising above $5400 in the morning, slowed down: it was up less than 1% at one point before rising again. At the same time silver started to get cheaper.
Details
- The main U.S. stock index, the S&P 500, fell about 1 percent in the first minutes of trading.
- The blue-chip index Dow Jones Industrial Average was losing 524 points or 1.1%.
- The tech-heavy Nasdaq Composite index was also down 1.1%.
- The VIX index, known as the Wall Street Fear Index, was up 13.4% to 22.5 points. A level above the psychologically significant mark of 20 points means high volatility.
- The pan-European Stoxx 600 index was down 1.9%. The German DAX was losing 2.7%, the French CAC 40 - about 2.2%, and the British FTSE 100 - 1.6%.
- Spot prices for gold were adding 0.64%. Silver was getting cheaper by 5.6%.
- Brent crude futures were up 8.5%, while U.S. WTI crude was up 7.8%.
The news is complemented by...
This article was AI-translated and verified by a human editor
