Markets

Good evening, and that's your closing bell. A choppy session on Wall Street as geopolitics dictated the tape: the S&P 500 slid 2.01% to 5507, while the Dow bucked the trend, rallying 1.21% to 41,800 on strength in energy and industrial names. The Nasdaq 100 eked out a 0.49% gain, and the VIX actually eased to 13.91, suggesting traders aren't panicking despite the Mideast escalation. Fresh US airstrikes on Iran and retaliatory fire on Gulf states rattled shipping lanes through the Strait of Hormuz, sending Exxon up 1.7% on supply fears while Walmart and Google lagged behind, down nearly 2% and 1.2% respectively. Tesla led all gainers, up over 2%. Volkswagen, meanwhile, is fighting to keep its European plants open. That's the wrap — see you tomorrow.