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Choppy trading in stocks and bonds also reflected anxiety among investors about the war's effects on inflation and growth.
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A wave of U.S. attacks were followed by Iranian strikes, halting ship traffic in the Strait of Hormuz again. Oil prices rose sharply.
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;Resize=(620)) The price for a barrel of Brent crude oil, the international standard, rose to about $79 US on Wednesday following the resumption of strikes in the Middle East. Major U.S. indexes also followed global markets on a downward trajectory.
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Crude oil prices jumped and stock prices fell after President Trump declared an end to the ceasefire with Iran, adding fresh uncertainty to an already shaky outlook for the global economy.
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Oil prices rose on Wednesday after the U.S. launched fresh strikes on Iran in retaliation for attacks on commercial vessels in the Strait of Hormuz.
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