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US Stocks Decline as Iran War End Hopes Fade
US Market Falls on Diminished Iran War End Expectations
On July 7th, the US stock market experienced a downturn as expectations for an end to the Iran War receded. The Dow Jones Industrial Average declined by 313.62 points to 49596.97, while the Nasdaq fell by 32.74 points to 25806.20. The market initially saw gains driven by hopes of the Iran War concluding but reversed course due to concerns about rising interest rates following an increase in the New York Fed's inflation expectations. The market's sentiment was particularly affected by Iran's lack of response to the Trump administration's proposed peace plan, leading to a decline in optimism for a swift resolution.
Key Corporate Performance and Oil Price Trends
Among individual companies, Boeing (BA) shares rose on increased order expectations after its CEO was invited to accompany President Trump on his visit to China. Datadog (DDOG), an AI security platform provider, saw its stock climb due to strong first-quarter results and an upward revision of its annual outlook. Conversely, appliance manufacturer Whirlpool (WHR) fell after lowering its full-year guidance and announcing dividend cuts, citing the Iran War. NYMEX WTI crude oil futures for June delivery ended down $0.27 (94.81) from the previous trading day, as the likelihood of an accelerated end to the Iran War diminished, although it traded mainly in the $96 range in after-hours trading.
*Source: Yahoo!ファイナンス (2026-05-07)*
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