Market Report - US Close

US close: S&P 500, Nasdaq sink to five-week low on inflation, geopolitical fears

By Benjamin Chiou

Date: Wednesday 10 Jun 2026

(Sharecast News) - US stocks plummeted on Wednesday, with the Dow and Nasdaq falling nearly 2% apiece, as heightened geopolitical conflict in the Middle East and concerns about rising inflationary pressures hammered risk appetite.
The Dow sank 1.87% to 49,918.78, the first close below the 50,000 mark since 19 May and...

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