The Economic Times

US stock market crashes today: Why Dow Jones, S&P 500, Nasdaq are down today as oil prices surge Gold and silver prices fall too

US stock market crashed today as rising oil prices and geopolitical tensions shook Wall Street. The Dow Jones fell 336 points to 48,402, while the S&P 500 dropped to 6,849 and the Nasdaq slipped to 22,768. Investors reacted after WTI crude oil jumped above $77 per barrel following reports that Iran struck an oil tanker near the Strait of Hormuz, a route carrying 20% of global oil supply. Higher energy prices raised inflation fears. Gold fell to $5,118 and silver to $82.64, while Bitcoin dropped near $72,000. Traders locked profits after Wednesdays rally. Markets now watch oil risks and U.S. policy signals.