The Economic Times

US stock market big jolt today: Why are Dow, S&P 500 and Nasdaq crashing? Dow Jones sinks 1,000 points, Nasdaq tumbles 500 amid oil surge and war fears

The US stock market crash today erased over 1,000 points from the Dow in hours. The Dow Jones Industrial Average fell 1,047 points, down 2.14%. The S&P 500 dropped 1.93%. The Nasdaq plunged more than 500 points, down 2.01%. This sharp stock market selloff followed fresh US-Israel airstrikes on Iran. Investors fear a wider Middle East war. Oil prices surged nearly 8%, with WTI crude near $77 and Brent above $80. Rising crude oil prices are fueling inflation fears. Treasury yields are volatile. Bitcoin slid over 3%. Global markets turned red. Traders are pricing in supply shocks, higher energy costs, and prolonged geopolitical risk. Wall Street is reacting fast to war headlines and inflation pressure.