Dow Jones Today | US Stock Market Highlights: Dow tumbles more than 700 points as oil jumps
Published on 13/03/2026 01:42 AM
Dow Jones Today | US Stock Market Highlights: Dow tumbles more than 700 points as oil jumpsDow Jones Today | US Stock Market Highlights: Stocks were under pressure on Thursday (March 12) as oil prices added to their surge on supply disruption worries while the Iran war continued. The Dow Jones Industrial Average fell 739 points, or 1.56%. The S&P 500 lost 1.52%, while the Nasdaq Composite shed 1.78%.By Jomy Jos Pullokaran March 13, 2026, 1:42:37 AM IST (Updated)1 Min ReadDow Jones Today | US Stock Market Highlights: Stocks were under pressure on Thursday (March 12) as oil prices added to their surge on supply disruption worries while the Iran war continued. The Dow Jones Industrial Average fell 739 points, or 1.56%. The S&P 500 lost 1.52%, while the Nasdaq Composite shed 1.78%.
Crude prices continued to climb after Iran’s new Supreme Leader, Mojtaba Khamenei — who was appointed on March 9 — said that the Strait of Hormuz should remain closed as a “tool to pressure the enemy." West Texas Intermediate futures traded 9.72% higher to settle at $95.73 per barrel. Brent crude futures settled up 9.22% to $100.46 per barrel — its first close above $100 since August 2022.
Watch this space for all the LIVE US stock market updates.Continue Reading(Edited by : Jomy Jos Pullokaran)First Published: Mar 12, 2026 6:04 PM ISTTagsDow Jones Industrial AveragegoldNasdaq CompositeOilWall Street