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Oil prices rise 8%, and Dow drops 800 points after Trump says ceasefire with Iran is 'over'
Oil prices rose 8% to $80.09 per barrel of Brent crude, and the Dow Jones Industrial Average dropped 831 points (1.6%) after President Donald Trump declared the ceasefire with Iran is 'over.' The S&P 500 fell 1%, with airlines and housing industry stocks among the hardest-hit sectors.
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