Market

Uncertainties Loom: Wall Street Takes a Hit at Opening Bell Amid Geopolitical Tensions

Wall Street Faces Early Losses

On a tense Tuesday morning, major U.S. stock exchanges opened lower, reflecting the market's unease with ongoing economic and geopolitical uncertainties. Investors are closely monitoring the potential impacts of President Donald Trump's policies and the escalating conflict in the Gaza Strip on global markets.

Market Movements

At the opening bell, the Dow Jones Industrial Average saw a decline of 0.17%, with Amazon's shares dropping by 2.37% by 9:31 am ET. The Nasdaq 100 wasn't spared either, tumbling 0.80% at 9:30 am ET, as MicroStrategy's shares plunged 4.38% shortly after. The downward trend continued, with the Dow Jones shedding 0.53% or 220 points by 9:41 am ET, and the Nasdaq 100 slumping 1.22% by 9:37 am ET. The S&P 500 also started the session on a lower note, trading 0.40% down, with Tesla's shares sliding 3.78% at 9:31 am ET.

Currency Watch

Amid these market movements, the euro remained stable against the dollar, trading at 1.09169.