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Markets End the Day in Red with Rising Mid East Tensions. Potential Economic Fallout From Port Strikes and Hurricane Helene

Moomoo News ·  16:09

Tuesday markets closed in the red amid rising unrest in the Middle East,  the dockworkers' strike, and ongoing effects from Hurricane Helene.

At the market close, the $S&P 500 Index (.SPX.US)$ was down 0.85% to 5,713; the        $Dow Jones Industrial Average (.DJI.US)$ was off 0.30% to 42,202, and the     $Nasdaq Composite Index (.IXIC.US)$ fell 1.53% to 17,910.

Oil jumped more than 4% against the backdrop of the Middle East tensions and the $CBOE Volatility S&P 500 Index (.VIX.US)$ rose above 20 on Tuesday, reaching its highest level since Sept. 11.

For investors seeking to take their minds off the Tuesday's markets, there's the Vice Presidential debate at 9 p.m. ET tonight.

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What is the herd following? Let me know in the comments below!

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