US Stock Market Today: S&P 500, NASDAQ Drop as Trump’s Iran Deadline Lifts Oil and Treasury Yields

US and European equities moved lower as investors reduced risk exposure. The S&P 500, NASDAQ 100, Dow Jones Industrial Average, Stoxx Europe 600, and MSCI World Index all fell during the session. At the same time, Treasury yields advanced, which added more pressure to stocks, especially rate-sensitive sectors.

Moreover, the decline extended beyond equities. Bitcoin and Ether also fell, which showed that caution spread across several markets at once. Therefore, the session reflected a broad move away from assets that usually benefit from stable growth and lower volatility.

Oil remained at the center of trading. West Texas Intermediate crude rose above recent levels as markets focused on supply risks linked to the Strait of Hormuz and fresh military action around Iranian energy infrastructure. As energy prices climbed, investors also reassessed how long price pressures could stay elevated if the conflict continues.