US market extends selloff on Friday, Dow Jones down 100 points

Escalating conflict involving Iran entering its fourth week prompted a risk-off open, with the Dow, S&P 500 and Nasdaq 100 all opening lower. The geopolitical escalation unsettled energy markets and forced investors to reassess near-term Fed rate-cut expectations, raising volatility and downside risk across markets.

Analysis

Escalating conflict involving Iran entering its fourth week prompted a risk-off open, with the Dow, S&P 500 and Nasdaq 100 all opening lower. The geopolitical escalation unsettled energy markets and forced investors to reassess near-term Fed rate-cut expectations, raising volatility and downside risk across markets.