Wall Street slumps after Trump says Iran deal is ‘over’

Major US stock indices slumped on Wednesday after President Donald Trump declared that the interim ceasefire deal with Iran was 'over', escalating Middle East tensions. The Dow Jones fell 166.7 points (0.31%) to 52,758.47, the S&P 500 dropped 27.3 points (0.36%) to 7,476.54, and the Nasdaq Composite slid 114.0 points (0.44%) to 25,704.66 at the opening bell.