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Wall Street falls after U.S. Iran strikes
The escalation of military tensions between the United States and Iran led to a decline in American stock indices. Washington conducted its first missile platform strike on Larak Island in Iran since late July. Oil prices surged by over 3%. Markets traded amid Middle East tensions, although the main indices remain on track for monthly gains, led by the technology sector. The Dow Jones Industrial Average rose by more than 1% since the beginning of August, while the S&P 500 and Nasdaq continued their gains, increasing by approximately 2% and 3%, respectively.
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