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S&P 500 Falls Amid Oil Spike as Middle East Conflict Intensifies
Source: Bloomberg
Geopolitics & WarInterest Rates & YieldsEnergy Markets & Prices
US stocks slumped on Monday as interest-rate sensitive utilities declined, outweighing gains in energy companies. The move was attributed to the US and Iran exchanging strikes for the first time in about a month, adding geopolitical risk that weighed on broader risk appetite even as energy-related names held up.
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