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Dow and S&P Drop as Oil Spikes on Middle East Strikes; AMD and Chips Gain

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The Story

News Summary

  • US stocks dropped Tuesday as geopolitical escalations in the Middle East and attacks on Saudi oil facilities propelled crude to three-month highs, sparking inflation fears.
  • Software and biotech equities slid, while semiconductor stocks like AMD gained.
  • Escalating US-Canada trade tariffs further dampened broad market sentiment.
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AMD price history

516.13 +140.00% over the displayed period

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