The shares her Wall Street Today (13.06.2025) after Israel’s series of air attacks against Iran, which led to an increase in energy prices and added another complication to a period of increased geopolitical tensions.
The shares traded in the Wall Street industrial index, Dow Jones, lose 543 points, or 1.26%, the S&P 500 fell 0.72%, while Nasdaq slides 0.72%.
Market decline began when Israeli Defense Minister Israel Katz declared a state of emergency following an Israeli attack on Iran. Two US officials said there is no involvement or assistance from the US, according to NBC News.
Meanwhile, future Brent and US crude contracts are rising more than 8%. Along with the moves on energy prices, the dollar also recovered gently and gold rose more than 1% amid investors’ demand for safe shelters.
President Donald Trump, in a post on the Truth Social Social Network Website, warned Iran to sit on the negotiating table.
Trump said in a separate post early in the morning that he was giving Iran “perhaps a second chance” to conclude a nuclear deal. “Two months ago I gave Iran to 60 days to ‘agree’. They should have done it! Today is the 61st day, “he wrote.
The shares of Nvidia, Tesla and other shares that have led to market recovery from low levels of April fall, while oil and defense shares are rising.