US Markets Tumble: Tech and Financial Stocks Lead Decline Amid Geopolitical Tensions

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US Markets Decline: Tech, Financial Stocks Fall Amid US-Iran Tensions

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CNBC Awaaz•19-02-2026, 23:52

US Markets Decline: Tech, Financial Stocks Fall Amid US-Iran Tensions

•US stock markets experienced a decline, with all three major indices trading down by over half a percent.
•Pressure on the market was primarily due to a fall in tech and financial stocks.
•Asset management companies like Blue Owl Capital Asset, Blackstone, and Apollo Global Management saw significant drops.
•The software sector, including Salesforce, Intuit, and Cadence Design Systems, also faced pressure.
•Rising crude oil prices due to US-Iran tensions over Iran's nuclear program dampened market sentiment, though the energy index rose.

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