Monday, November 9, 2026

Dow Jones opens lower as uncertainty over Iran ceasefire keeps markets on edge

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Dow Jones, S and P 500 and Nasdaq slip after prior relief rally as tensions persist between Washington, Tehran and the US Israeli alliance while oil and Treasury yields rise.

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US stocks slipped at the open on Tuesday, giving up momentum after a relief rally in the previous session that was fuelled by hopes of easing tensions between Washington and Tehran.

The Dow Jones Industrial Average led the decline, falling 0.8% at the open, while the S&P 500 dropped around 0.6%. The Nasdaq Composite was down 0.5%, as tech stocks also saw mild selling pressure.

Oil prices saw some volatility as initial optimism around a potential de-escalation weighed on crude, before prices edged higher again amid continued tensions between Iran and the US-Israeli alliance.
West Texas Intermediate rose over 4% to move back above $90 a barrel, while Brent traded above $103.

Meanwhile, the 10-year Treasury yield increased by 7 basis points to 4.40%, remaining close to its highest level since July 2025.

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