US stock market ends lower as Israel-Iran conflict escalates; Dow Jones, Nasdaq crack over 1%; defence stocks rally

Wall Street: Ten of the eleven S&P 500 sector indices closed lower, with financials leading the decline, falling 2.06%, followed by a 1.5% drop in the information technology sector. Declining stocks outnumbered advancers on the S&P 500 by a ratio of 6.1 to 1.

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