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US Stocks Slide and Crude Surges as Iran Geopolitical Tensions Escalate

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US equity indices fell as escalating geopolitical tensions with Iran pushed Brent crude above $90 per barrel.
  • Elevated 30-year Treasury yields near 2007 highs fueled inflation concerns, causing technology and communication sectors to lead market declines.
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