Wall Street Major Averages Drop Amid Rising Middle East Tensions

On Thursday, Wall Street's major averages fell sharply due to rising tensions in the Middle East that pushed oil prices above $100 a barrel. The S&P 500 dropped by -1.2%, while the Nasdaq Composite declined by -2.1%.

By Jason Capul, SA News Editor · Seeking Alpha · July 23, 2026, 20:15 UTC

Wall Street Major Averages Drop Amid Rising Middle East Tensions

Topics: Dow Jones geopolitical tensions Nasdaq Composite oil prices S&P 500

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