US Stock Market Today: Dow Plunges 600 Points Amid Iran Tensions, Nasdaq Enters Correction

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Dow Plunges 600 Points as Iran Tensions Escalate, Nasdaq Enters Correction

A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to attack Ukraine, in New York, U.S., February 24, 2022. REUTERS/Caitlin Ochs

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CNBC TV18•21-03-2026, 01:36

Dow Plunges 600 Points as Iran Tensions Escalate, Nasdaq Enters Correction

•US stocks extended losses on Friday (March 20) amid escalating tensions between the US, Israel, and Iran.
•The Dow Jones Industrial Average fell 446.51 points (0.97%), S&P 500 declined 1.51%, and Nasdaq Composite dropped 2.01%.
•The small-cap Russell 2000 entered correction territory, falling 10% from its recent peak.
•Iran and Israel exchanged strikes, and Iran launched new attacks on energy sites in the Persian Gulf.
•The Pentagon is reportedly sending thousands of additional Marines to the Middle East, with preparations for ground troops to Iran.

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FILE PHOTO: A 'Wall St' sign is seen above two 'One Way' signs in New York August 24, 2015. Wall Street opened sharply lower on Monday with the Dow Jones industrial average losing more than a 1,000 points following a more-than 8 percent drop in Chinese shares and a selloff in oil and other commodities. REUTERS/Lucas Jackson/File Photo

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