Wall Street Slumps Amid Middle East War and Interest Rate Worries

Wall Street's main stock indexes fell on Tuesday due to concerns over the US-Israeli war on Iran and rising oil prices. The Dow dropped 0.2%, the S&P 500 shed 0.4%, and the Nasdaq lost 0.8%. Energy stocks rose, while communication services and technology led losses. Jefferies shares gained 2.5% after reports of a potential takeover, while Estee Lauder's shares fell 10% due to merger talks.