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

On Monday, Wall Street faced a downturn right from the start as President Trump rejected an Iranian offer, leading to an uptick in crude oil prices that raised inflation fears. This backdrop influenced Treasury yields to rise, with significant declines noted in the Dow Jones Industrial Average and S&P 500. Financial experts are keeping a watchful eye on the evolving market amid heightened geopolitical tensions.