Wall St opens lower as Middle East clashes send oil prices up

August 31, 2026 9:34 AM EDT

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 24, 2026. REUTERS/Brendan McDermid

Aug 31 (Reuters) - ‌Wall ​Street's ​main indexes opened lower ‌on Monday after military ⁠strikes between the ‌U.S. and Iran drove ‌up oil prices, fanning inflation worries ​as the interest-rate outlook turns ⁠more hawkish.

The Dow Jones Industrial ​Average fell 97.4 points, or 0.18%, at ​the open ‌to 53,462.6. The S&P 500 ⁠fell 14.2 points, or 0.18%, at ⁠the open to 7,697.52, ​while the Nasdaq Composite dropped 43.9 points, or 0.17%, ‌to 26,358.559.

(Reporting by Niket Nishant ‌and Utkarsh ⁠Hathi in ‌Bengaluru; Editing ​by Maju Samuel and Pooja ‌Desai)



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