
The Dow dropped over 650 points as rising oil prices and Middle East tensions rocked the markets.
Dow Jones fell 658.82 points, closing at 52,209.16.
S&P 500 decreased by 0.52% to 7,623.68.
Nasdaq dropped 0.21% to 25,955.34.
Oil prices surged; Brent hit $117 a barrel.
Rising US-Iran tensions contributed to market unease.
Investors await the Federal Reserve's rate decision in the coming days.