The Dow Turns Lower as Wall Street Braces for Iran’s ResponseStock Market News From June 23, 2025: Dow Gains, Oil Drops. Why Markets Are Shrugging Off Iran Attack.Last Updated:7 hours agoThe Dow Turns Lower as Wall Street Braces for Iran’s ResponseStocks turned lower on Monday as Wall Street began to brace for another potential escalation in the conflict in the Middle East.The Dow was down 170 points, or 0.4%, after trading more than 200 points higher earlier in the session. The S&P 500 was down 0.3%. The Nasdaq Composite was down 0.4%.Stocks opened the day higher and gained steam after another Federal Reserve official suggested the central bank could begin cutting interest rates at its next meeting, though that will depend on the path forward for inflation and the labor market.