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Dow Jones falls over 800 points amid rising oil prices
The U.S. stock markets experienced a sharp decline, with the Dow Jones dropping over 800 points amid fears of escalating tensions between the United States and Iran and ongoing Middle East unrest. Oil prices surged above $100 per barrel, adding pressure to the markets, coinciding with declines in major tech stocks such as Microsoft and Meta. There was also volatility in U.S. Treasury bond yields. Reports indicate the possibility of new attack plans by Washington and Israel against Iran, as regional tensions continue to escalate.
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