04:02 PM EDT, 06/17/2025 (MT Newswires) -- US benchmark equity indexes ended lower Tuesday as the Israel-Iran conflict continued to escalate.

* Israel and Iran exchanged strikes for the fifth straight day.

On Tuesday, President Donald Trump addressed Iran's Supreme Leader Ayatollah Ali Khamenei in a series of social media posts, warning that he was "an easy target" and calling for Iran's "unconditional surrender."

* US retail sales in May fell more than market expectations amid declines in purchases of motor vehicles and building materials, government data showed.

" "A flurry of activity in anticipation of tariffs boosted consumer spending earlier this year, but that momentum is now looking to have run its course, with retail sales declining in both April and May," TD Economics said.

* July West Texas Intermediate crude oil closed up $3.02 to settle at $74.79 per barrel, while August Brent crude, the global benchmark, was last seen up $3.09 to $76.32 on concerns the conflict between Israel and Iran may disrupt oil shipments from the Persian Gulf.

* Jabil ( JBL ) raised its full-year outlook as the manufacturing solutions provider reported better-than-expected fiscal Q3 results and announced a $500 million investment plan to expand in the US. The company's shares rose 8.8%.

* Enphase Energy ( ENPH ) shares slumped 24% after a US Senate committee proposed phasing out renewable energy credits and KeyBanc downgraded the stock.