Dow falls over 1% as Iran ceasefire ends and oil prices surge

U.S. stocks declined, led by a 1% drop in the Dow, after President Trump declared the Iran ceasefire over, causing oil prices to surge and reigniting inflation concerns. The CNN Fear & Greed Index stayed in the 'Fear' zone at 42.3, while wholesale inventories rose 0.1% in May. Sector performance was mixed, with energy and IT gaining, while materials and financials fell.