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The U.S. stock markets declined following remarks from President Trump regarding the duration of negotiations with Iran and threats of taking action, leading to a 0.5% drop in the Dow Jones Industrial Average and nearly similar declines in the S&P 500 and NASDAQ. Additionally, oil prices rose by more than 1%, with West Texas Intermediate crude reaching around $89 per barrel, amid escalating tensions in the Middle East following U.S. strikes on Iran after the downing of an Apache helicopter. The decline in semiconductor stocks occurs amid expectations of a SpaceX launch, alongside an annual inflation rate exceeding 4% for the first time in three years.
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