US stocks today: Wall Street slides as Trump’s Iran deadline rattles markets; oil surges

US stocks today: Wall Street slides as Trump’s Iran deadline rattles markets; oil surges
Global markets wavered Tuesday as investors braced for President Trump's Iran deadline regarding the Strait of Hormuz. Fears of escalating Middle East conflict sent oil prices soaring and dragged down US stocks, particularly tech shares. Health insurers offered some support, but overall market sentiment remained cautious amid heightened geopolitical tensions and uncertainty.