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US Markets Plunge 821 Points on Tariff Fears and Iran Tensions

US stock markets experienced a sharp decline, with the Dow Jones Industrial Average falling 821 points due to investor caution. The sell-off was driven by renewed uncertainty over global tariffs and escalating geopolitical tensions involving Iran. European markets, including Germany's DAX and France's CAC, also closed in negative territory. Market expert Ajay Bagga highlighted that an attack on Iran is seen as a near-term certainty, further fueling market volatility.

Key Points: Dow Drops 821 Pts Amid Tariff, Iran Uncertainty

  • Dow Jones fell 1.66%
  • S&P 500 and Nasdaq also declined
  • Tariff uncertainty weighs on sentiment
  • Geopolitical risks from Iran add volatility
  • European markets closed lower
2 min read

US markets tumble as Dow Jones down by 821 pts amid tariff uncertainty and Iran tensions

US stocks tumble as tariff uncertainty and Iran-Israel geopolitical tensions trigger a broad sell-off, impacting global markets.

"Iran attack is a certainty in the next two three weeks' time. - Ajay Bagga"

Washington DC, February 24

US stock markets declined sharply as tariff-related uncertainty and rising geopolitical tensions between the United States and Iran made investors cautious, leading to increased selling pressure across major indices.

The Dow Jones Industrial Average on Monday fell by 821 points to close at 48,804, marking a decline of 1.66 per cent. The broader S&P 500 index also slipped by 1.04 per cent or 71.76 points to settle at 6,837 points. Meanwhile, the technology-heavy Nasdaq index declined by 1.21 per cent or 277.13 points to close at 22,608.

Investor sentiment remained weak amid uncertainty surrounding global trade and geopolitical developments. The weakness stems from renewed tariff-related concerns following President Donald Trump's rollout of a 10-15 per cent global tariff framework, which has raised fears about its potential impact on global economic growth and corporate earnings.

The cautious sentiment was also visible in European markets, where major indices ended in negative territory. Germany's DAX index closed with a decline of more than 1 per cent or 268 points to settle at 24,991.97. Similarly, France's CAC index fell by 0.22 per cent or 18.32 points to close at 8,497.17.

Market experts noted that tariff-related developments and uncertainty around global trade policies continue to weigh on investor confidence.

In addition, lingering concerns over AI-led disruptions affecting global technology stocks have also contributed to the selling pressure in equity markets.

Ajay Bagga, Banking and Market Expert, told ANI that geopolitical tensions remain elevated due to the Iran situation, which has further added to market volatility and uncertainty.

He said "Iran attack is a certainty in the next two three weeks' time. If Iran agrees to the triple demands, it becomes weakened and will be attacked by Israel in a few months. If it does not agree to, it fights now and causes massive damage to Israel and US bases, forcing a truce. Both are bad options. Maybe post Ramadan end, but could happen sooner".

So a combination of tariff uncertainty, geopolitical risks, and concerns over global technology sector disruptions has kept investors cautious, resulting in sharp declines across US and European equity markets.

- ANI

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Reader Comments

S
Sarah B
The tariff uncertainty is the real issue. Protectionist policies create volatility for everyone. As an investor with a global portfolio, I'm reviewing my exposure to US tech stocks. The ripple effect is real.
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Priya S
Geopolitical tensions in the Middle East directly impact oil prices. If Brent crude spikes above $90 again, it will be a huge headache for India's import bill and inflation. Our policymakers must have a contingency plan ready.
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Vikram M
While the US market fall is significant, I respectfully think the article focuses too much on Western experts. It would be valuable to include perspectives from Indian market analysts on how this specifically impacts Asian and Indian markets.
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Rohit P
Time to be cautious with my SIPs in US-focused funds. Maybe shift some allocation to domestic sectors like infrastructure and manufacturing which are driven by our own growth story. "Atmanirbhar" makes more sense now.
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Michael C
The combination of tariffs and AI disruption fears is a perfect storm. Tech stocks were already valued high. This correction might be healthy in the long run, but the short-term pain for investors is real.

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