Bloomberg
Stocks Fall as US-Iran Jitters Spur Rally in Oil
Wednesday, July 8, 2026
Stock indexes fell across major markets including New York, London, and Tokyo. President Donald Trump stated that a ceasefire with Iran may have ended and said the US would likely conduct additional strikes. Oil prices rose and bond yields increased following Trump's comments. Almost 400 shares in the S&P 500 declined, while chipmakers gained.
