Stock Market Recap for Tuesday, September 8, 2026
The major U.S. stock indexes ended **broadly lower** on Tuesday, **September 8, 2026**, returning from the Labor Day holiday to a triple threat of bad news: **Iranian missile strikes on Saudi oil facilities overnight**, fresh **Canadian retaliatory tariffs** taking effect on U.S. goods, and lingering rate hike anxiety from Friday's blowout jobs report. Oil surged above $94 intraday and the Dow shed more than 600 points in what was the worst single session since late July.
The **S&P 500** fell **0.58%** (-45.08 pts) to **7,673.52.** The **Dow** plunged **1.18%** (-628.18 pts) to **52,786.07.** The **Nasdaq** slipped **0.32%** (-85.58 pts) to **26,421.41.** The **Russell 2000** dropped **0.52%** (-15.44 pts) to **2,960.20.**
The **VIX** rose **2.88%** to **15.74.** **Gold** dropped **1.59%** to **$4,405.50.** **Crude Oil** surged **2.81%** to **$94.05/barrel**, its highest level since before the initial ceasefire.