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Home›US Markets›Indices›Dow drops 460 points and breaks winning streak

Dow drops 460 points and breaks winning streak

Oil prices rose as talks to reopen the Strait of Hormuz helped lift crude-linked sentiment.

Reported · Written up by our desk · Indices

U.S. stocks turned sharply lower as the Dow slid about 460 points, ending a prior winning streak, according to WSJ Markets.

The report linked the shift in part to a rebound in oil prices, which gained amid discussions aimed at reopening the Strait of Hormuz.

That energy move added to the day’s market volatility as investors recalibrated risk across the broader tape.

Latest closeDow Jones 53,885.10 ▼0.8%

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Sources

WSJ MarketsStock Market Today: Dow Falls 460 Points, Breaks Winning Streak

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