Market Report - US

US open: Stocks sharply lower as oil surges amid Middle East escalation

By Iain Gilbert

Date: Tuesday 03 Mar 2026

(Sharecast News) - Major indices were firmly in the red at the opening bell on Tuesday as renewed spikes in energy prices reignited concerns that the US-Iran conflict could prove more prolonged than markets had anticipated.
As of 1450 GMT, the Dow Jones Industrial Average was down 1.87% at 47,989.30, while...

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