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Major indices decline on stock exchanges amid renewed US-Iran tensions

08 May 2026 09:17 (UTC +04:00)

A decline was observed in major indices across global stock markets over the past 24 hours, APA-Economics reports.

In the United States, the Dow Jones Industrial Average fell by 0.63% to 49,596.97 points, the S&P 500 declined by 0.38% to 7,337.11 points, while the Nasdaq Composite decreased by 0.13% to 25,806.20 points.

In Europe, the FTSE 100 dropped by 1.55% to 10,276.95 points, Germany’s DAX fell by 1.02% to 24,663.61 points, while France’s CAC 40 declined by 1.17% to 8,202.08 points.

Negative dynamics were also observed in Asian markets. Japan’s Nikkei 225 decreased by 0.74%, Hong Kong’s Hang Seng Index fell by 1.19%, while China’s CSI 300 Index declined by 0.90%.

According to analysts, the renewed escalation of tensions between the US and Iran affected the decline in stock markets. Mutual attacks between the sides around the Strait of Hormuz negatively impacted investors’ risk appetite. In addition, concerns that interest rates will remain high for a prolonged period and expectations of a slowdown in global economic growth also put pressure on the markets.