U.S. stocks sink as Middle East tensions trigger oil price surge

NAMPA / Xinhua
2026-03-06
NEW YORK, March 5 (Xinhua) -- U.S. stocks sank on Thursday as an escalating conflict in the Middle East and a renewed surge in oil prices weighed heavily on Wall Street. The Dow Jones Industrial Average fell 1.61 percent to 47,954.74. The S&P 500 sank 0.56 percent to 6,830.71. The Nasdaq Composite Index shed 0.26 percent to 22,748.99. Eight of the 11 primary S&P 500 sectors ended in the red, with consumer staples and materials leading the l......
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