Wall Street Falls Amid Hormuz Straits and Inflation Concerns; Dow Drops 0.3%

The three major New York stock indices closed lower on the 11th (local time) amid uncertainties surrounding navigation in the Strait of Hormuz and growing inflation concerns.

On this day, the Dow Jones Industrial Average fell 184.13 points (-0.34%) from the previous session to close at 53,791.85.

The S&P 500 dropped 24.91 points (-0.32%) to finish at 7,728.20, while the tech-heavy Nasdaq Composite declined 159.91 points (-0.60%) to end at 26,445.45.

(Photo: AP, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.