Stocks Slip as Iran Tensions Test Markets

U.S. stocks retreated on Monday as investors weighed escalating Iran tensions alongside looming Nvidia earnings and upcoming inflation data. Technology shares led the broader market lower.

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A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2026. REUTERS/Jeenah Moon

The S&P 500 fell 0.27% to 7,653.60 on Monday morning as markets weighed a proposed U.S. economic offensive against Iran. The downturn mirrors rising geopolitical tensions and precedes key corporate earnings and inflation data. Investors are reassessing valuations as bond market pressures weigh on growth-oriented equities.

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