Fed Jitters Or Iran War Fears? Three Reasons Why US Markets Down Today

As of 12:17 p.m. EST, S&P 500 traded 0.57% lower at 6,679.24, Dow Jones Industrial Average shed over 400 points to trade 0.9% lower at 46,570.40, and tech-heavy Nasdaq Composite traded 0.54% or nearly 120 points lower at 22,367.99.