Stocks Drift on Wall Street Amid Jobs Market Updates, Renewed Fighting in US War with Iran
Rising Treasury yields and renewed U.S.-Iran strikes added pressure as investors weighed mixed labor data and higher oil prices.
- World shares tumbled Wednesday as stocks slipped on Wall Street and a global bond market sell-off deepened, with escalating Iran conflict tensions worsening investor concerns over energy supplies.
- The 10-year Treasury yield rose to around 4.81% from 4.75%, driven by elevated inflation and growing government debt as investors demanded increased returns due to heightened risks.
- Japan's Nikkei dropped 2.9% while SoftBank Group fell 6.4%; Shein declined 5.2% following its Hong Kong trading debut on Tuesday.
- Intensified U.S. and Iran military strikes pushed Brent crude oil prices up 0.1% to $94.90 per barrel, while the Strait of Hormuz remains largely closed to shipments.
- Investors are focusing on the jobs market after a private ADP report showed employment slipped in August; the 2-year Treasury yield reached about 4.40%, tracking Federal Reserve interest rate moves.
12 Articles
12 Articles
The Record
Stocks drift on Wall Street amid jobs market updates, renewed fighting in US war with Iran
By DAMIAN J. TROISE, AP Business Writer NEW YORK (AP) — Stocks are drifting on Wall Street amid the latest updates on the U.S. jobs market and further escalation in the U.S. war with Iran. The S&P 500 index rose 0.1% Wednesday. The Dow Jones Industrial Average rose 189 points, or 0.4%. The Nasdaq composite fell 0.1%. Oil prices held steady as the U.S. and Iran intensify attacks against each other. That follows a monthlong lull in the six-month l…
The Columbian
Pittsburgh Post-GazetteStocks drift on Wall Street amid jobs market updates, renewed fighting in U.S. war with Iran
NEW YORK — Stocks drifted in morning trading on Wall Street Wednesday amid the latest updates on the jobs market and further escalation in the U.S. war with Iran.
The New York Stock Exchange closed lower on concerns about the escalation of hostilities in the Middle East and the economic impact of the war. The Dow Jones industrial average closed down 419.02 points (-0.79%) to 52,766.88. The Nasdaq, dominated by technology stocks, closed down 271.11 points (-1.03%) to 26,099.77. The broader S&P 500 index, indicative of the general trend, closed down 54.67 points (-0.71%) to 7,631.47. Read more at iefimerida…
The Asia-Pacific Region (APR) core stock indices have been reduced by the outcome of the trade in the environment following the Wall Street dynamics, as shown by data ... . . . . . . 02.09.2026, PRIM
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