U.S. financial markets started Tuesday’s trading session on a downward trend as lingering concerns about Middle East conflicts dampened investor confidence following Monday’s market gains.
Despite President Donald Trump’s choice to postpone planned attacks on Iran’s electrical infrastructure, traders remained cautious about the volatile international situation.
At the opening bell, the Dow Jones Industrial Average declined by 108.6 points, representing a 0.24% decrease to reach 46,099.86. The S&P 500 index dropped 28.9 points or 0.44% to settle at 6,552.09, while the technology-heavy Nasdaq Composite fell 139.2 points, a 0.63% decline, landing at 21,807.597.
The market’s retreat came after Monday’s positive session, which had provided temporary relief to investors hoping for reduced geopolitical tensions in the region.
