Dow Jones drops 347 points as oil, bond yields rise on Iran deal setback

today.line.me (Thai) —

US stocks fell Monday, with the Dow Jones Industrial Average closing down 347 points, as rising oil prices and higher bond yields weighed on markets. The Dow closed at 51,481.51, down 0.67%, while the S&P 500 fell 0.77% and the Nasdaq dropped 0.92%. Oil prices rose after President Donald Trump rejected an Iranian peace proposal, fueling inflation concerns. The 10-year Treasury yield hit its highest level since 2007 before settling at 5.23%. Boeing shares plunged 6.9% after the FAA delayed certification of its 737 MAX 10, while Tesla fell 3.9% on a price target cut. Nvidia rose 1.6% after announcing a $150 billion buyback. Investors await key jobs data on Friday for Fed rate direction.


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Dow Jones drops 347 points as oil, bond yields rise on Iran deal setback | News Minimalist