Title: U.S.-Iran Strikes Rattle Stocks, But August Ends in the Green
📡 CNBC Top News · 1 min read ·
Part of composite article Oil and Gas Shockwave: Bond Yields Explode, Stocks Slide as Middle East Conflict Rattles Markets View full article →
**Article:**
Stocks fell on Monday as the United States and Iran exchanged fire for the first time in a month. The Dow Jones Industrial Average dropped 370 points, reflecting investor anxiety over renewed geopolitical tensions.
Despite the daily loss, the major averages still closed out August with gains. This marks the fifth consecutive winning month for the index, a sign of underlying market resilience.
The sell-off was driven by fresh concerns over stability in the Middle East. However, the monthly performance suggests that investors remain cautiously optimistic about broader economic trends.