The U.S. stock market slipped slightly on Tuesday. By the close in New York, the Dow Jones Industrial Average was at 47,707 points, down 0.1 % from the previous trading day.
Just minutes earlier, the broader S&P 500 stood near 6,781 points, down 0.2 %, and the technology‑focused Nasdaq 100 was trading at about 24,956 points, slightly below its prior level.
The conflict between Israel, the United States, and Iran continued to weigh on markets. On Monday, President Donald Trump declared the war to be “almost over” and Energy Secretary Chris Wright tweeted that an oil tanker had been successfully escorted through the Strait of Hormuz by U.S. forces. The claim led to a drop in oil prices and a temporary rise in equities on Tuesday.
Later that day, the White House denied the escort claim, and Secretary Wright removed the tweet. In the evening, Trump responded to reports that the Iranian regime might have mined the Strait of Hormuz. He warned that if such mines were in place and not promptly cleared, the military repercussions for Iran could reach unprecedented levels, as he posted on his personal platform.
The euro weakened slightly by evening: €1 = $1.1610, so $1 = €0.8613.
Gold proved resilient, trading at $5,196 per troy ounce (+0.9 %) at night, which translates to €143.90 per gram.
Brent crude fell sharply, trading at $91.05 per barrel-$0.791, or 8.0 % lower-at 7:00 p.m. German time.
