Stocks Drop as Trump Pressures Iran Amid Conflict

Global stock markets experienced heightened volatility amid escalating conflict between Israel and Iran, with President Donald Trump demanding Iran's 'unconditional surrender' and threatening additional military action. U.S. stock indexes, including the Dow, S&P 500, and Nasdaq, closed lower as investor anxiety increased, while European and Asian markets also retreated. Oil prices surged on fears of Middle East supply disruptions, boosting energy stocks but causing solar stocks to slump after proposed changes to U.S. energy tax credits. The U.S. dollar strengthened as a safe haven and Treasury yields fell as risk aversion grew. Weak U.S. retail sales data raised concerns about consumer spending ahead of the Federal Reserve's rate decision, which is widely expected to keep rates unchanged while signaling caution about future policy. Ongoing geopolitical tensions and uncertain economic policy continue to weigh on global investor sentiment.