Market Mayhem: How the Iran Conflict Is Crashing the Dow The US attack on Iranian rocket launchers has sent shockwaves through the global economy.
The stock market is particularly affected, with the Dow Jones Industrial Average plummeting 0. 6% on Monday.
This decline suggests that something more than a knee jerk reaction to escalating tensions in the Middle East is at play. The markets had been riding high for months, and a correction was long overdue.