CNN Business
Updated Mar 3, 2026, 4:18 PM ET
PUBLISHED Mar 3, 2026, 9:14 AM ET
New York
—
Global stocks closed lower Tuesday after a volatile day that saw the Dow briefly tumble by more than 1,200 points as concerns linger among investors that the widening conflict in the Middle East could escalate further.
The Dow closed lower by 404 points, or 0.83%, paring earlier losses. The S&P 500 sank 0.94% and the Nasdaq moved 1.02% lower, partially recovering from earlier declines of nearly 2.5% and 2.75%, respectively.