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March 4, 2026

Dow drops 400 after trimming an early plunge of 1,200

By STAN CHOE
AP Business Writer

NEW YORK — A sell-off for stocks wrapped around the world and hit Wall Street Tuesday, while oil prices climbed even higher on worries about the widening war with Iran. But the big moves that rocked markets in the morning eased substantially as the day progressed.

By the end of trading, the S&P 500 had sunk 0.9%. That would be a solid loss on a typical day, but the index had been down as much as 2.5% in the morning because of worries that the war may do more sustained damage to the economy than feared.


 
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