US stocks today: Dow Jones drops over 500 points as Middle East tensions escalate

June 3, 2026

Wall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech stocks led declines, though chipmakers stayed resilient on AI optimism. Strong services data and steady labor conditions contrasted with geopolitical risks, while expectations for a potential Fed rate hike continued to climb.

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NSE gets Sebi nod to launch corporate bond index futures

India’s National Stock Exchange has received a no-objection certificate to introduce futures contracts linked to a corporate bond index. This initiative, pending approval from the

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