Dow Jones Industrial Average sheds 1K points from peak as Iran fears reignite

US equities slumped on Monday as a series of escalating reports out of the Persian Gulf revived concerns that the fragile US-Iran ceasefire is fraying. The Dow Jones Industrial Average (DJIA) shed roughly 0.9%, slipping back toward 49,000 after an intraday low below that level.

Dow Jones Industrial Average sheds 1K points from peak as Iran fears reignite
US equities slumped on Monday as a series of escalating reports out of the Persian Gulf revived concerns that the fragile US-Iran ceasefire is fraying. The Dow Jones Industrial Average (DJIA) shed roughly 0.9%, slipping back toward 49,000 after an intraday low below that level.

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