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Dow Jones falls over 800 points as oil prices rise
The Dow Jones Industrial Average dropped by more than 800 points as oil prices rose above $100 per barrel, amid fears of a potential escalation in the U.S.-Iran confrontation and its impact on financial markets. Major technology stocks such as Microsoft and Meta were negatively affected, while semiconductor companies like AMD and Micron Technology gained more than 1%. Oil prices also surged sharply, with expectations of American and Israeli plans to carry out attacks on Iran, adding further pressure on the global financial markets.
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