The Dow Jones ⁠Industrial ⁠Average fell 1.7% on ⁠Friday as investors worried about the global economic impact ​of the war in Iran, leaving the blue-chip index down 10% from its record ‌high close on February 10 ‌and confirming it has been in a correction since then. In a ⁠broad Wall ⁠Street selloff fueled by uncertainty about the U.S. and Israeli war with Iran, the Dow ​in recent days has suffered its worst decline since April 2025, when U.S. President Donald Trump’s “Libera

Mark Zuckerberg, center, Meta’s chief executive, departs after testifying in a tech addiction trial at California Superior Court of Los Angeles County in Los Angeles, Feb. 18, 2026. The social media company Meta and the video streaming service YouTube harmed a young user with design features that were addictive and led to her mental health distress, a jury found on Wednesday, March 25, 2026, a landmark decision that could open social media companies to more lawsuits over user

Wall Street is confident that strong corporate earnings will prop up ⁠stock ⁠prices that have slumped since the Iran war began and set ⁠oil prices surging, rekindling worries about inflation. The S&P 500 has dropped nearly 4% since the war began at the end of February, with ​oil prices jumping more than 30%. Despite the turmoil, expected first-quarter earnings growth for the S&P 500 stands at 14%, according to LSEG data. That compares with 14.4% at the start of the year and t

President Donald Trump disembarks from Air Force One at Joint Base Andrews, Md., March 23, 2026. While the president has promised rapid relief, Americans could feel the financial sting of the conflict with Iran for some time after it ends. (Tierney L. Cross/The New York Times) By TONY ROMM and REBECCA F. ELLIOTT As the war with Iran began to send oil and gas prices soaring around the world, President Donald Trump shrugged off the fallout as a temporary setback for the U.S. ec

Wall Street’s main indexes closed higher on ⁠Wednesday ⁠as oil prices fell while Iran reviewed a U.S. ⁠proposal to end the war in the Middle East, feeding investor hopes for de-escalation in the fourth week of ​a war that has disrupted global energy flows and stoked inflation concerns. While Abbas Araqchi, Iran’s foreign minister, said that authorities were reviewing the U.S. proposals, he added that Tehran has ‌no intention to hold talks with Washington. Initially, Iran ‌sai

Treasury Secretary Scott Bessent at the White House in Washington, March 6, 2026. Bessent and other Trump administration officials are struggling to explain the logic of lifting sanctions on Iranian oil. (Eric Lee/The New York Times) By ALAN RAPPEPORT An agreement by the Obama administration to send $1.7 billion to Iran around the same time that it reached a sweeping deal to curtail Iran’s nuclear program drew fierce backlash from Republicans, including Donald Trump. A decade

Barclays raised its 2026 year-end ⁠S&P ⁠500 target on Tuesday, ⁠betting that strong corporate earnings led by the technology ​sector and resilient economic growth will outweigh rising macro risks, including war in ‌the Middle East, AI-driven disruption ‌and stress emerging in private credit markets. The British brokerage lifted its ⁠index target ⁠to 7,650 from 7,400, implying about 16.2% upside from Monday’s close ​at 6,581.00. Since the Iran war started, the S&P 500 has fall

A worker places hand-painted signs stating the station is out of diesel and 95-octane gasoline at a gas station in Samut Prakan, Thailand, March 16, 2026. War’s attacks on energy could turn economic shock into long-term damage; a new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years. (Lauren DeCicca/The New York Times) By PATRICIA COHEN The game has changed. From the moment the U

Private equity-backed AEVEX filed ⁠for ⁠an initial public offering ⁠in the United States on Monday, as it ​looks to tap into investor enthusiasm for the defense sector. The U.S. IPO ‌market remains accessible despite ‌the ongoing conflict in the Middle East, with some issuers ⁠in ⁠recent weeks braving market volatility to push ahead with their ​listings. The defense technology prime contractor reported a net loss of $16.8 million on revenue of $432.9 million in 2025, compared

Waves surge from hurricane Sandy along a pathway in New York, Oct. 29, 2012. A monthlong seminar offers lessons in how to anticipate and prepare for the mounting disruptions of global warming. (Ruth Fremson/The New York Times) By HILARY HOWARD When Jason Haaheim, a principal timpanist for the Metropolitan Opera Orchestra in New York City, found himself furloughed indefinitely, without an apartment and newly obsessed with climate change during the coronavirus pandemic, he had