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Kiplinger
Kiplinger
Business
Karee Venema

Dow Dives 953 Points on Iran, Inflation Worries: Stock Market Today

Closeup of stock chart with red and green bars indicating selloff.

Stocks opened lower Wednesday and stayed there through the close as geopolitical worries ramped up after the U.S. launched strikes against Iran late Tuesday and President Donald Trump threatened more attacks. Another red-hot inflation reading weighed on sentiment, too.

President Trump kept to his word. After saying on Tuesday that the U.S. "must, of necessity, respond" to the shooting down of an Army Apache helicopter, the military launched multiple strikes against Iranian targets last night.

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