US Markets Slide as Geopolitical Tensions Spike Oil Prices and Treasury Yields

US stocks fell for the third consecutive session on Tuesday, with the S&P 500, Nasdaq, and Dow Jones Industrial Average all closing lower. Geopolitical tensions escalated following US military strikes on Iranian targets and subsequent retaliatory attacks, causing WTI and Brent crude oil prices to surge. The 10-year US Treasury yield hit a 19-month high of 4.80%, while Federal Reserve Governor Barr signaled potential further interest rate hikes if inflation remains persistent. Dell shares rose over 10% in after-hours trading following strong AI server demand