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<US> Iran Strait Reopening Deadline Nears, Nasdaq Falls 1% Early; Apple Slumps 4%
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US stocks fell on Tuesday as the deadline set by the United States for Iran to reopen the Strait of Hormuz approached, dampening market hopes for reaching an agreement. The DJIA dropped more than 400 points, or 0.9%, in early trading; the Nasdaq led losses, sliding 210 points, or 1%, while the S&P 500 declined 0.7%. US President Donald Trump said in a post on Truth Social on Tuesday that Irans entire civilization could come to an end tonight and never be rebuilt. He said he does not want this to happen, but it could very well occur. Among individual stocks, Broadcom (AVGO.US) rose 3% against the broader market trend, supported by the companys expanded artificial intelligence cooperation agreements with Google and Anthropic. Apple (AAPL.US) was the worst performer among the "Magnificent Seven," tumbling nearly 4%. Tesla (TSLA.US) fell 2.7%. (me/s) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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