Published Aug 31, 2026, 10:27 AM ET · Updated 2 months ago · 2 sources

S&P 500 Falls Amid Oil Spike as Middle East Conflict Intensifies

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Original Report

US stocks slumped on Monday, led by declines in interest-rate sensitive utilities shares while gains in energy companies offset losses elsewhere, after the US and Iran exchanged strikes for the first time in about a month.