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Stock Market Today (Sept. 28, 2026): Nasdaq falls amid U.S.-Iran tensions, rising oil prices
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- Published
- Sep 28, 2026, 1:41 PM UTC
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43 hr. ago
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American stock exchange
The Nasdaq Stock Market is an American stock exchange. It is the largest stock exchange by market capitalization and the first fully electronic stock market. Based in Manhattan, New York City, the exchange is among the most active stock trading venues by volume in the United States.
More on Wikipedia ↗US stocks fell sharply as oil prices rose and Treasury yields hit multi-year highs. Dow lost 348 points, while S&P 500 and Nasdaq also declined.
Stocks fell Monday alongside a jump in bond yields and erratic oil trading as geopolitical upheaval remained front and center for traders.
On Saturday, reports said U.S. President Donald Trump rejected an Iranian proposal to reopen the Strait of Hormuz, arguing that Iran sought a deal to reopen the waterway because it was under heavy pressure.