Wall Street initiated the session in negative territory, with the main stock indexes retreating. The Dow Jones industrial index fell 0.65% to 53,211.83 points, the tech Nasdaq lost 0.36% to 26,309.38 points and the S&P 500 dropped 0.44% to 7,677.76 points.
Oil markets reacted in the opposite direction, with crude prices rising. This appreciation is associated with a new escalation of tensions in the Strait of Hormuz region, one of the main global routes for oil transportation.
The negative session on Wall Street reflects investors' risk aversion in the face of the worsening geopolitical situation in the Middle East, which has a direct impact on international stock markets.
