Wall Street falls amid US-Iran talks and rate hikes

Major U.S. stock indices declined, with the Dow Jones dropping by 0.11% to 52,262.87 points, the S&P 500 down by 0.26% to 7,479.82 points, and the Nasdaq decreasing by 0.54% to 26,073.29 points, amid growing concerns over tensions between the U.S. and Iran and their impact on the markets. Investors are worried about the Federal Reserve possibly raising interest rates to control inflation, with at least one increase in borrowing costs expected before the year's end. Market fears led to a 1.4% decline in information technology stocks, despite the S&P 500 and Nasdaq posting solid quarterly performances.

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