Global stock markets fell and oil prices rose due to concerns over the Middle East conflict, despite U.S. President Donald Trump extending a deadline for Iran to reopen the Strait of Hormuz. All three main indexes in Wall Street were trading lower, with consumer discretionary, financial and technology shares contributing losses. The Dow Jones Industrial Average fell 0.90%, the S&P 500 lost 0.88%, and the Nasdaq Composite shed 1.33%. Meanwhile, Brent crude futures rose 2.36% to $110.55 a barrel. The 10-year Treasury yield rose more than 2 basis points to 4.4398%. The U.K. dollar index rose 0.07% for a fourth consecutive session of gains.