Dow tumbles 550 points as oil prices rise and investors fear Iran conflict could intensify again: Live updates

Stocks fell on Monday as the latest developments in the Middle East sent oil prices higher, sparking further worries about instability in the region.

The Dow Jones Industrial Average shed 557.37 points, or 1.13%, closing at 48,941.90. The S&P 500 slid 0.41% to end at 7,200.75, while the Nasdaq Composite lost 0.19% to settle at 25,067.80.

On Monday, the United Arab Emirates said it that had intercepted a number of missiles fired from Iran. That’s the first time the UAE’s missile alert system was activated since the U.S.-Iran ceasefire began last month.

Source: https://www.cnbc.com/2026/05/03/stock-market-today-live-updates.html