Mixed Start for US Stocks; Dow Jones Plunges Over 300 Points as Oil Surges Amid Iran Tensions

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US Stocks Mixed: Dow Plunges 300+ Pts as Oil Surges Amid Iran Tensions

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Sept. 22, 2025. Wall Street traders left stocks hovering near all-time highs amid calls for a break after a $15 trillion rally from April lows, with traders awaiting a handful of Federal Reserve speakers and a key inflation measure. Photographer: Michael Nagle/Bloomberg

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CNBC TV18•11-03-2026, 20:54

US Stocks Mixed: Dow Plunges 300+ Pts as Oil Surges Amid Iran Tensions

•US stocks opened mixed; Dow Jones fell 325 points (0.7%), S&P 500 slipped 0.2%, while Nasdaq Composite gained 0.1% led by tech.
•Oil prices surged, with West Texas Intermediate up 3% to $86 and Brent Crude near $91, driven by concerns over supply disruptions.
•Rising oil prices were fueled by Iran tensions and reports of attacks on vessels near the Strait of Hormuz, raising global energy supply fears.
•The International Energy Agency announced plans for its largest-ever emergency release of 400 million barrels from strategic reserves to ease supply disruptions.
•Oracle Corporation shares jumped 13% after reporting better-than-expected quarterly earnings and raising its fiscal 2027 revenue forecast.

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