Stock Market Today, Sept. 1: Stocks Slide and Oil Surges Amid U.S.-Iran Tension
On Sept. 1, 2026, rising crude and Treasury yields pressured equities across nearly every sector, with tech stocks bearing the brunt of the selloff.
Overview
The Nasdaq Composite (NASDAQINDEX:^IXIC) fell 1.03% to 26,100, the Dow Jones Industrial Average (DJINDICES:^DJI) dropped 0.79% to 52,767, and the S&P 500 (SNPINDEX:^GSPC) slipped 0.70% to 7,633 as tech weakness and rising yields pressured benchmarks.
Cybersecurity firms Palo Alto Networks (NASDAQ:PANW) and CrowdStrike Holdings (NASDAQ:CRWD) weighed on the software sector following recent financial results, as technology stocks led the day's declines.
Details
Meanwhile, traders at Goldman Sachs Group (NYSE:GS) are noting increased investor nervousness and cautious risk allocations as global markets contend with escalating tensions in the Middle East.
Source
Originally published at www.fool.com.