Dow Jones Index Tanks 785 Points As Oil Prices Spike; CNX, General Dynamics, Karman Eye Buy Points

CoffeeNFTs · 2026-03-07T23:32:53+00:00

The Dow Jones Industrial Average saw a significant drop of over 1,160 points amid rising oil prices and concerns over the U.S.-Iran conflict, with small-cap stocks particularly affected, exemplified by the Russell 2000's 1.9% decline.

CoffeeNFTs

2026-03-07 23:32:53

Abstract generation in progress

The Dow Jones Industrial Average briefly plunged more than 1,160 points Thursday before trimming its loss, and small-cap stocks also sold off sharply. The stock market was rattled by oil prices topping $80 a barrel as Wall Street monitored the ongoing U.S.-Iran conflict. The small-cap Russell 2000 paced index declines with its 1.9% tumble. The Dow slumped 1.6%, or 784.67…

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes