Wednesday, June 10, 2026

Wall Street indexes fall more than 1%, hit by tech, Iran war worries

Wall Street indexes fall more than 1%, hit by tech, Iran war worries

By Caroline Valetkevitch and Joel Jose

Wed June 10, 2026

The rout continues. With the greatest increase in recent military strikes in two months of the war (and more promised), uncertainty is the name of the game as more investors take more tech profits bringing the sector down 11% from the June 2nd high. Sentiment today is that the war will continue likely until late summer. CPI coming in with more evidence that prices remain on the rise.  

This also sent chills with investors now bracing for more inflation and pricing in an almost definite rate increase by year-end. All three indexes suffered substantial 3-digit losses, a straight shot down all day. The good news is that the increases were in line with forecasts and thus not a surprise and that the flight from tech is benefitting sectors that have lagged including healthcare, real estate and consumer staples. Volume at 20.7 billion was right in line with the 20.6 average. 

DJ: 50,872.11  +86.10         NAS: 25,678.82  -250.84        S&P: 7,386.65  -19.08           6/9

DJ: 49,918.78  -953.33       NAS: 25,169.50  -509.32         S&P: 7,266.99  -119.66         6/10

Wed 6-10-26 4:50 pm Wall Street indexes fall more than 1%, hit by tech, Iran war worries | Reuters


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