[Breaking] All Three Major Indices Close Down Over 1% After Mojtaba's Hardline Statement
After Seyyed Mojtaba Khamenei declared his intent to blockade the Strait of Hormuz and resist the United States in his first official statement, the three major indices of the New York Stock Exchange closed lower on March 12 (local time).
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On this day, the Dow Jones Industrial Average closed down 1.56% from the previous trading day at the New York Stock Exchange (NYSE). The S&P 500 Index, which focuses on large-cap stocks, ended down 1.52%, while the tech-heavy Nasdaq Index declined by 1.78% at the close.
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