[Breaking] "U.S. Resumes Iran Blockade"... All Major U.S. Stock Indices Close Lower in New York
On July 13 (local time), all three major U.S. stock indices closed lower. This decline was driven by renewed geopolitical uncertainty, as the United States resumed its maritime blockade against Iran and U.S. President Donald Trump announced an upcoming press conference, which also led to a surge in international oil prices.
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On the New York Stock Exchange (NYSE), the Dow Jones Industrial Average fell by 0.26% compared to the previous trading day. The S&P 500, which focuses on large-cap stocks, dropped by 0.79%, while the tech-heavy Nasdaq declined by 1.55% at the close of trading.
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