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US stocks fall as Dow loses 900
American stocks declined after President Donald Trump indicated that negotiations with Iran are taking a long time and threatened to take additional measures, leading to a 1.7% drop in the Dow Jones Industrial Average and declines of 1.5% and 2% in the S&P 500 and Nasdaq, respectively. Oil prices also rose significantly, with West Texas Intermediate futures surpassing $91 per barrel amid escalating tensions in the Middle East following U.S. strikes on Iran and accusations that Iran downed a U.S. helicopter. Semiconductor manufacturing stocks came under pressure, and the annual inflation rate increased to over 4%, amid ongoing concerns in global markets.
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