Stocks Plummet, Oil Soars Amid Iran-US Tensions
Denver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Stocks plummeted on Friday, marking the fifth consecutive weekly loss, the longest streak since 2015. The S&P 500 and Dow Jones Industrial Average dropped significantly, while the Nasdaq slid by 1.3%. Crude oil prices surged, adding to market jitters. Investors are uncertain due to mixed signals from U.S. and Iranian leaders. Consumer confidence plummeted, hitting its lowest point since December 2025. Bond yields also rose, increasing mortgage and loan rates. As oil disruption risks persist, markets anticipate further volatility.
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