Post: US Stocks Retreat Sharply at Friday’s Close

New York: Major stock indices on Wall Street closed sharply lower at the end of trading, affected by the Israeli attack on Iran. The S and P 500 index fell 68.92 points, or 1.14 percent, to close at 5,976.34, while the Nasdaq Composite index fell 254.13 points, or 1.29 percent, to 19,407.49. The Dow Jones Industrial Average fell 768.73 points, or 1.79 percent, to close at 42,198.89. According to Qatar News Agency, the drop in US stocks was influenced by geopolitical tensions following the Israeli attack on Iran. Investors showed concern over the potential economic impact, which led to significant sell-offs across major indices. The decline was seen across various sectors, further indicating the widespread impact of the geopolitical situation on market sentiment.