Two rockets hit the Green Zone in Iraq's capital of Baghdad, a day after Iran launched missile attacks on U.S. and other coalition targets at bases in Iraq, according to a report Wednesday.
The Dow Jones Industrial Average pared gains on the heels of the reports of an explosion in Baghdad. The Dow Jones closed 161 points higher, but about 80 points lower than it had been just before the news.
Iraq's military said that two Katyusha rockets fell inside the Green Zone, the section that contains the U.S. Embassy, other embassies of western nations and foreign businesses, according to Reuters.
There were no casualities, according to the statement from Iraq's military.
The White House and Pentagon had no immediate comment.
The rockets were fired several hours after President Donald Trump declared that Iran appeared to be standing down from the U.S. — remarks that sent stock indices surging higher.
On Tuesday night eastern time, Iran fired missile attacks against two Iraqi bases that house U.S. military and coalition forces.
The barrage was retaliation for the killing a week earlier of Iran's top military leader, Gen. Qasem Soleimani, in an U.S. airstrike in Baghdad.
Trump on Wednesday defended the decision to target Soleimani, who has been blamed for the deaths of hundreds of Americans in the Middle East.