President Trump turned up the heat on Iran, calling for its Supreme Leader to surrender, stocks slipped further on his comments, as oil continues its climb and silver prices hit a fresh high. FOX Business is providing real-time updates on the markets,

U.S. stocks slumped on Tuesday under the weight of another jump for the price of oil. It was a return to form for financial markets after Wall Street’s worries about Israel’s fighting with Iran had seemed to calm a bit on Monday.

US stocks fell, with investors on edge as Israel and Iran continued to trade strikes against a backdrop of shifting US trade policy and stubborn interest rates.

The Senate version of the bill includes a provision that would fully phase out both solar and wind power tax incentives by 2028. It does, however, keep incentives for nuclear, hydropower and geothermal energy for longer.

Shares of Enphase Energy, which makes solar inverters, dropped 15% in after hours trade. Solar panel sellers Sunrun and SolarEdge Technologies both tumbled more than 20%. First Solar lost 9%. The modified text of Trump's "One Big Beautiful Bill Act" also extends tax credits for hydro,