US Stock Markets Under Pressure Due to Middle East Escalation - US Military Strikes Against Iran Drive Oil Prices - Iran Channels Billions in Oil Exports Past Sanctions - Apple Ousts Nvidia as the Most Valuable Company in the World - XPeng Targets Tesla with Competitive Prices and AI Focus - Boeing Prioritizes Production Over New Models in Farnborough - Costco Tests Pure Gas Stations Without Warehouses - Datadog Benefits from Cybersecurity Demand Despite Gloomy Prospects - TSMC Accelerates Billion-Dollar Expansion in Arizona
Reading Time: 9 minutes
After the most recent trading day on Friday, July 17, 2026, the US stock markets presented themselves in deep red amid massive geopolitical tensions. The Dow Jones lost 0.77% and closed at 52,146.30 points, while the S&P 500 fell by 1.01% to 7,457.66 points. The tech-heavy Nasdaq Composite changed by -1.40% to 25,520.24 points. The escalating military confrontation between the US and Iran, which pushed the price of Brent crude oil above USD 90 per barrel and severely disrupted shipping traffic in the Strait of Hormuz, cast a dark shadow...
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