US-Iran Tensions Resurge, Wall Street's 3 Major Indices Fall Over 1%

(Central News Agency, New York, 10th, Comprehensive Foreign News) Renewed tensions between the United States and Iran further heightened investor uncertainty, causing all three major US stock indices to fall over 1% today. The sell-off in chip stocks showed no signs of abating.

The Dow Jones Industrial Average fell 953.33 points, or 1.87%, closing at 49,918.78.

The S&P 500 index dropped 119.66 points, or 1.62%, closing at 7,266.99.

The Nasdaq Composite index declined 509.32 points, or 1.98%, closing at 25,169.50.

The Philadelphia Semiconductor Index plummeted 451.35 points, or 3.57%, closing at 12,206.46. (Editor: Chen Zhengjian) 1150611