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Markets Lose Footing as Iran Truce Hopes Dim
U.S. stocks slipped as investors reassessed the likelihood of a ceasefire in the Iran conflict, sending major indexes lower. The Dow, S&P 500, and Nasdaq all retreated as renewed geopolitical tension pushed oil prices higher and dampened the previous day’s optimism.
The pullback followed a brief rally driven by hopes of diplomatic progress, but those expectations faded quickly as reports signaled escalating military activity and conflicting statements from U.S. and Iranian officials. Rising crude prices—seen as a direct barometer of conflict risk—added pressure across sectors, particularly technology, which led the day’s declines.
Investors remain highly sensitive to headlines, with markets swinging between relief and caution as the situation evolves. With oil once again at the center of market volatility and no clear path to de‑escalation, Wall Street continues to navigate a fragile and fast‑shifting landscape.
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