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Tech Tumbles as Iran Sanctions Rock Markets | US News
Description
U.S. stocks plunged Monday as tech shares led the rout, triggered by Trump’s new Iran sanctions that spiked oil prices and rattled global markets. The Nasdaq took the biggest hit, while the Dow held relatively steady thanks to energy gains. With earnings season kicking off and Fed Chair Warsh facing tough congressional questions, investors brace for volatility amid AI-driven chip stock fragility and looming inflation data.
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