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Wall St opens lower as oil spikes after Trump rejects Iran peace proposal

By Thomson Reuters Sep 28, 2026 | 8:35 AM

Sept 28 (Reuters) – Wall Street opened lower on Monday ​after President ‌Donald Trump rejected an Iranian proposal to end the ‌conflict, ​leading to ⁠a spike ⁠in crude prices, which revived inflation worries and drove ​Treasury yields higher.

The Dow Jones ⁠Industrial Average ⁠fell 180.1 ​points, or 0.35%, at ​the open to ‌51,648.48. The S&P 500 fell 21.7 points, or ⁠0.28%, at the open to 7,721.7, while the ⁠Nasdaq ‌Composite dropped ⁠133.0 points, ​or ‌0.49%, to 26,935.762 ​at the ⁠opening bell.

(Reporting by Johann M Cherian in Bengaluru; Editing by Arun ​Koyyur)