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Wall Street futures fall sharply amid escalating geopolitical tensions
U.S. stock index futures declined sharply after the American president announced that the memorandum of understanding to end the war with Iran is now "terminated," increasing tensions in the Middle East. This led to a significant drop in the Dow Jones, S&P 500, and Nasdaq indexes, while oil prices rose by more than 5%, negatively impacting energy company stocks. This comes amid escalating tensions between Washington and Tehran following IRGC attacks on U.S. targets and Trump's threats indicating he does not wish to engage with Iran.
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