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Barchart
Barchart
Rich Asplund

Stocks Retreat on Escalating Middle East Tensions

The S&P 500 Index ($SPX) (SPY) today is down by -0.72%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.71%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.88%.

Stocks today are moderately lower as escalating Middle East tensions sparked long liquidation pressure in stocks. Israel began a limited ground assault into Lebanon, and US intelligence said that Iran is preparing to launch a ballistic missile attack against Israel.

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