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News alert: Markets drop as Iran strikes U.S. forces
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The Dow is down 900 points. Oil surged 7%.
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Thursday, February 19, 2026
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Stocks fall sharply and oil surges after Iran fires missiles at U.S. forces in the Middle East
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U.S. stocks fell sharply Wednesday after Iran launched a surprise missile attack on American forces in the Middle East, with the Dow dropping more than 900 points and WTI crude surging nearly 7% to $89.88 a barrel. President Trump pledged to strike Iran "hard" in retaliation; U.S. Central Command said all incoming missiles
were shot down. Markets are also bracing for the Federal Reserve's rate decision later Wednesday, with traders putting the odds of a hike at roughly one in three.
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Your next hire might not need to be a hire.
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Every growing company wants faster customer support, better sales coverage, and more responsive service—but adding headcount isn't always the answer.
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ElevenAgents helps businesses create natural AI voice agents that can answer questions, qualify leads, schedule appointments, and support customers around the clock. Your technical team gets enterprise-grade voice technology
without months of development, while your business gets to market faster.
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Spend less time building infrastructure—and more time building your business.
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<a data-linktext="SpaceX stock sheds $1.2 trillion in market cap ahead of earnings." data-linktype="Normal" style="color:#17253D" target="_blank">
SpaceX stock sheds $1.2 trillion in market cap ahead of earnings.
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The rout, which matches Tesla's entire market value, comes amid a massive losing skid since the company's June
IPO. Insiders can sell 20% of restricted shares when SpaceX posts results on Aug. 4, potentially adding pressure.
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<div>
<strong style="color:#016FF0">
<a data-linktext="U.S. consumer confidence falls for a third straight month in July." data-linktype="Normal" style="color:#17253D" target="_blank">
U.S. consumer confidence falls for a third straight month in July.
</a>
</strong>
The Conference Board's index dropped 1.4 points to 90.8 as business and job
views soured. The share calling business conditions good fell 1.3 points to 18.9%, while the portion calling jobs plentiful slipped 0.9 points to 24.6%.
</div>
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<strong style="color:#17253D">
<a data-linktext="Apple launches Klarna-backed iPhone leases from $17.99 a month." data-linktype="Normal" style="color:#17253D" target="_blank">
Apple launches Klarna-backed iPhone leases from $17.99 a month.
</a>
</strong>
The plan also offers Apple Watch
and iPad from $11.99 and Macs from $24.99, requiring only a soft credit check. Monthly rates hide the total cost, as the iPhone 17 Pro runs $45.99 a month for a year versus $1,099 outright.
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<div>
<strong style="color:#17253D">
<a data-linktext="Taiwan detains an Nvidia employee in a smuggling probe." data-linktype="Normal" style="color:#17253D" target="_blank">
Taiwan detains an Nvidia employee in a smuggling probe.
</a>
</strong>
Chang, known only by surname, was implicated through evidence from Super Micro smuggling raids. Taiwanese
media named Chang as the employee. The detention reportedly marks the first action against an Nvidia worker.
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<strong style="color:#016FF0">
<a data-linktext="J&J will pay $5.5 billion to settle cancer lawsuits over talc." data-linktype="Normal" style="color:#17253D" target="_blank">
J&J will pay $5.5 billion to settle cancer lawsuits over talc.
</a>
</strong>
The deal resolves 76,000 ovarian cancer claims linked to Johnson &
Johnson's baby powder, but takes effect only if 95% of claimants accept it. The settlement pays everyone within 18 months and could reach $7 billion, an attorney said.
</div>
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1 month, 3 weeks ago - alert@e.qz.com
News alert: Markets drop as Iran strikes U.S. forces
The Dow is down 900 points. Oil surged 7%. View as a Web page Business newsMoney & MarketsTech ...