Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks open lower amid tensions in Middle East

Economies.com
2019-09-16 14:39PM UTC

US stocks opened lower today amid geopolitical concerns in global markets after terrorist attacks on oil facilities in Saudi Arabia, due to tensions in the Middle East, after sabotage attacks on 2 Saudi oil facilities.

 

News agencies reported on the weekend two drone attacks on two Aramco's oil facilities, which hampered Saudi production.

 

Market's experts are worried about the impact of the 2 attacks, which led oil to jump by the biggest daily rate since the the first Gulf War, which pressure government and households' expenses in several consuming countries.

 

Tomorrow the US Federal Reserve meeting will launch until Wednesday, and will be followed by an interest rate decision.

 

As of 14:37 GMT, Dow Jones fell by 0.5% or 140 points to 27,077 points, Nasdaq fell by 0.3% or 28 points to 8,148, and S&P 500 fell by 0.3% or 10 points to 2,996.

American Markets News

Americas News

Markets

Wall Street boosted by improving tech sector
2026-02-25 15:53PM UTC
US stock indices rose during Wednesday trading as the technology sector continued to recover from ...
Americas News

Markets

Dow Jones jumps 400 points and S&P 500 rises as software stocks recover
2026-02-24 18:48PM UTC
US stocks rose on Tuesday, driven by gains in Advanced Micro Devices shares and software stocks, as ...
Americas News

Markets

Wall Street moves cautiously as tech stocks swing after selloff, financials outperform
2026-02-17 17:41PM UTC
Major US stock indexes moved within narrow ranges in choppy trading on Tuesday following a long ...