Wall Street Slips as Oil Rises on Middle East Tensions

Major U.S. stock indexes edged lower as Middle East tensions pushed oil prices to a six-week high. Investors now await crucial inflation reports due later this week.

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FILE PHOTO: Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S. July 16, 2026.  REUTERS/Brendan McDermid/File Photo

Major United States stock indexes fell Tuesday morning as escalating conflicts in the Middle East pushed Brent Crude Oil to over a six-week high. The Dow Jones Industrial Average dropped 451.93 points, or 0.85%, to 52,962.32.

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