US stocks fell on Wednesday as oil prices pushed above $100 a barrel, reviving inflation concerns as the escalating US-Iran war disrupts a key global energy route and threatens to put further pressure on households and businesses, according to AP.
The S&P 500 fell 0.3%, while the Dow Jones Industrial Average dropped 407 points, or 0.8%, as of 9:52 a.m. ET. The Nasdaq composite was down 0.4%, with losses spreading across most sectors of the benchmark index.
