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Stocks soar and oil prices plunge after US-Iran ceasefire

(NEW YORK) -- Stocks soared and oil prices plunged in early trading on Wednesday, just hours after the U.S. and Iran announced a two-week ceasefire.The Dow Jones Industrial average surged 1,215 points, or 2.6%, while the S&P 500 climbed 2.5%. The tech-heavy Nasdaq jumped ...
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Jobs report shows strong hiring in March, despite oil shock set off by Iran war

(NEW YORK) -- The U.S. recorded strong job gains in March, rebounding from dismal losses a month earlier, even as the nation weathered a global oil shock set off by the U.S.-Israeli war on Iran, a jobs report on Friday showed. The reading far ...
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Trump slaps 100% tariff on some pharmaceutical drugs via executive order

(WASHINGTON) -- President Donald Trump on Thursday slapped 100% tariffs on some pharmaceutical products, ramping up his effort to boost U.S. drug manufacturing.The move, in the form of an executive order, targets patented drugs that lack a "most favored nations" pricing agreement with the ...
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Stocks tick lower after Trump vows to hit Iran ‘extremely hard’ in coming weeks

(NEW YORK) -- Stocks dipped in volatile trading on Thursday after President Donald Trump delivered a televised address vowing to hit Iran "extremely hard" over the coming weeks.The Dow Jones Industrial Average fell 255 points, or 0.5%, after opening down by 600 points, while ...
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Mortgage rates hit highest level since September as Iran war rattles financial markets

(NEW YORK) -- Mortgage rates have climbed to their highest level since September as fallout from the Iran war ripples through financial markets, Freddie Mac data on Thursday showed.The average interest rate for a 30-year fixed-rate mortgage jumped to 6.46%, continuing a weeks-long surge ...
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Dow soars over 950 points after Trump suggests US may end Iran war without reopening Strait of Hormuz

(NEW YORK) -- The Dow Jones Industrial Average soared more than 950 points on Tuesday after President Donald Trump appeared to suggest the U.S. may end the Iran war without reopening the Strait of Hormuz.In a post on social media, Trump indicated that the ...
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Gas prices top $4 a gallon as Iran war triggers global oil shock

(NEW YORK) -- Gas prices in the United States topped $4 per gallon on average Tuesday, crossing the milestone for the first time in nearly four years, just weeks after the U.S.-Israeli war on Iran set off a global oil shock and spiked fuel ...
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Dow closes down nearly 800 points as Iran war hits one-month mark

(NEW YORK) -- Stocks closed significantly lower on Friday as the U.S.-Israeli war with Iran showed little sign of an imminent resolution that would end one of the worst global oil shocks in decades.The Dow Jones Industrial Average plunged 790 points, or 1.7%, while ...
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As Trump postpones threatened attacks on Iran’s power plants, experts warn of the potential humanitarian crisis

(NEW YORK) -- A threat of U.S. attacks on power plants in Iran continues to loom over the Middle East conflict, even after Trump pushed back a self-imposed deadline for the second time.In a post on social media on Thursday, Trump said he was ...
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Oil and gas prices surge as Iran escalates strikes on Gulf refineries

(NEW YORK) -- Iranian attacks on significant energy infrastructure and refineries in several Gulf countries pushed oil and gas prices higher in volatile trading on Thursday.Brent crude oil prices, a benchmark for global trading, climbed by about 6%, hitting $116 per barrel for contracts ...
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