US stock market crashes as Israel strikes Iran: Dow sinks 500 points, S&P 500 and Nasdaq tumble, oil soars, Nvidia and Tesla plunge, Lockheed Martin rallies
US stock market crash shook Wall Street today after Israel launched a surprise military strike on Iran, triggering fears of a wider war. The Dow Jones plunged 500 points, while the S&P 500 and Nasdaq also tumbled as investors rushed to safe havens. Oil prices surged over 6%, pushing energy stocks like ExxonMobil higher, while tech giants like Nvidia and Tesla fell sharply. Lockheed Martin and other defense stocks jumped. This market turmoil follows rising geopolitical tension and a spike in volatility. Here's everything you need to know about today's dramatic market sell-off and what could happen next.
US stock market crashes after Israel strikes Iran, Dow plunges 500 points, oil prices soar, Nasdaq and S&P 500 tumble, Nvidia and Tesla slump, Lockheed Martin gains, investors rush to safe havens, fear of wider Middle East war grows fast.
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How are the major indexes performing today?
Dow Jones Industrial Average dropped over 500 points , down about 1.3% .
dropped over , down about . S&P 500 fell nearly 1% .
fell . Nasdaq-100 tumbled around 1.1%, with tech stocks like Nvidia and Tesla leading the losses.
What triggered today's sell-off?
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How did oil prices react to the conflict?
WTI crude jumped over 6% , trading above $73 per barrel .
jumped , trading above . Brent crude spiked nearly 9%, nearing $77 per barrel.
Which sectors are gaining — and which are falling?
Energy stocks like ExxonMobil , Chevron , and BP are rallying alongside crude prices.
like , , and are rallying alongside crude prices. Defense contractors such as Lockheed Martin and Northrop Grumman are gaining ground amid the rising threat of war.
Travel and leisure stocks are taking a beating — airlines like Delta and United , as well as cruise lines like Carnival , are down 4–5% .
are taking a beating — airlines like and , as well as cruise lines like , are down . Tech stocks, particularly high-flyers like Nvidia and Tesla, are trading lower as investors pull back from riskier assets.
What are investors watching now?
Gold is climbing, up around 1.5% , as a safe haven play.
is climbing, up around , as a safe haven play. Treasury yields are fluctuating, with the 10-year note around 4.36–4.41% .
are fluctuating, with the . The VIX (Wall Street's 'fear gauge') is spiking, up over 13% to about 20.4 .
(Wall Street's 'fear gauge') is spiking, up over to about . Some analysts warn that if the conflict intensifies or oil hits $100+, it could lead to a stagflationary shock — rising inflation with slower growth.
What's the outlook heading into next week?
The U.S. stock market is sharply lower on Friday, June 13, as rising geopolitical tensions sent shockwaves across global markets. A reported Israeli airstrike on Iranian nuclear and military facilities has ignited fears of a broader Middle East conflict, causing major indexes to tumble and oil prices to skyrocket.Markets opened deep in the red and have remained under pressure throughout the session:The sell-off began in pre-market trading and accelerated as more headlines emerged about escalating military activity between Israel and Iran.At the center of today's market turmoil is a surprise Israeli military strike on Iranian nuclear and military infrastructure, reportedly involving advanced airpower. Iran responded by launching nearly 100 drones in retaliation, heightening fears of a prolonged regional war.This has driven a widespreadsentiment among investors, who are now fleeing stocks in favor of traditional safe havens.Oil is surging in response to fears of supply disruptions in the Middle East:The market is increasingly concerned about potential disruptions to shipments through the, a critical chokepoint that handles roughlyThe market reaction has been sharply divided by sector:With the Middle East on edge, traders are bracing for increased volatility. Here's what's on the radar:Markets could remain volatile heading into next week, especially if more military escalations unfold. Rising oil prices may complicate the Federal Reserve's interest rate outlook, as inflationary pressure builds.Investors will likely continue shifting toward, while closely watching updates out of the Middle East and potential diplomatic efforts to deescalate the crisis.
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