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Falling oil prices help calm Wall Street's inflation worries, while chip stocks get back to sinking
Falling oil prices due to President Trump's decision to avoid new strikes against Iran are easing Wall Street's inflation concerns, with U.S. stock indexes rising but major chip stocks like Micron and AMD declining. The dollar dipped against the yen after U.S. and Japan intervened to prop up the Japanese currency.
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- Wall Street gains, oil prices tumble after Trump says he'll order forces to ease up on Iran attacks
- US stocks edge higher as falling oil prices help take pressure off the market
- Most of Wall Street rises as oil prices ease, even as chip stocks keep dropping
- Wall Street heading for losses as oil prices spike on US-Iran escalation
- Stocks fall and oil prices gain after Trump warns the Iran ‘clock is ticking’
- US stocks rise as falling oil prices help take pressure off the market