U.S. stocks fell Tuesday as technology shares reversed earlier gains amid renewed selling pressure. President Trump's vow to respond to Iran shooting down a U.S. helicopter added to Middle East war concerns. Investors also eyed upcoming inflation data and the highly anticipated SpaceX IPO.
U.S. stocks fell Tuesday as technology shares reversed earlier gains amid renewed selling pressure. President Trump's vow to respond to Iran shooting down a U.S. helicopter added to Middle East war concerns. Investors also eyed upcoming inflation data and the highly anticipated SpaceX IPO.
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The S&P 500 and Nasdaq indexes fell on Tuesday as a rebound in technology shares faded and as President Donald Trump said the U.S. must react to Iran's shooting down of a U.S. helicopter. Trump wrote in a social media post that Iran had shot down the U.S. Apache helicopter that was patrolling the Strait of Hormuz overnight, and vowed to respond, which added to doubts about prospects for a truce in the Middle East war. The Cboe Volatility Index hit its highest level since April 7 during t…
