Business & Finance
U.S. stock indexes drop as oil prices climb amid Iran war
Major markets fell Thursday as rising crude costs fueled inflation concerns, according to ABC News.
The short version
- Major U.S. indexes declined Thursday, with the S&P 500 recording its fourth consecutive loss.[ABC News]
- The Dow Jones dropped 0.6%, the Nasdaq shed 0.7%, and small-cap stocks fell 1%.[ABC News]
- Energy pressures grew as Brent crude briefly exceeded $108 per barrel due to war-related disruptions with Iran.[ABC News]
- Treasury yields increased alongside heightened inflation worries, sending the 10-year yield up to 4.95%.[ABC News]
Key facts
- The S&P 500 declined 0.6% on Thursday, marking its fourth consecutive daily drop.[ABC News]
- The Dow Jones Industrial Average dropped 0.6% and the Nasdaq composite lost 0.7%.[ABC News]
- The Russell 2000 small-cap index fell 1%.[ABC News]
- Brent crude briefly surpassed $108 a barrel as conflict with Iran disrupted oil supplies.[ABC News]
- The 10-year Treasury yield surged to 4.95% amid mounting inflation concerns.[ABC News]
What remains uncertain
- The duration of crude supply disruptions and their broader impact on inflation remain tied to the ongoing conflict with Iran.[ABC News]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.
- How major US stock indexes fared Thursday 9/10/2026ABC News - Business