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U.S. stocks fall on the 1st: Dow drops 419 points, Nasdaq slides for third straight session

Wed Sep 2, 2026 8:12 am JST Market

U.S. stocks fell on the 1st, with the Dow Jones Industrial Average dropping 419.02 points from the previous session to close at 52,766.88, marking a third straight day of losses. The sell-off was triggered by news that U.S. military airstrikes on Iran began, pushing U.S. crude oil futures higher. Inflation concerns also temporarily drove the U.S. 10-year Treasury yield to 4.80%, weighing on equities.

Among individual stocks, Oracle moved lower, while Blackstone traded softly. Goldman Sachs Group and Caterpillar were weak. On the upside, Chevron and Johnson & Johnson held firm. Medtronic and Sempra Energy gained ground, while Comstock Resources surged.

The Nasdaq Composite Index fell 271.12 points to 26,099.77, also dropping for a third straight session. Palo Alto Networks and CrowdStrike Holdings faced selling, while Coinbase Global and Shopify traded lower. Nvidia and SanDisk also declined. In contrast, Apple and Meta Platforms drew buyers, GoPro finished higher, and Duolingo and Farbo Energy surged.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.