Iran, Israel and Dow Jones industrial average
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The Dow Jones Industrial Average (DJIA) fell on Friday, shedding over 600 points from the previous day’s close as investors pulled back following Israel’s unexpected wave of strikes on Iran. Consumer sentiment data rebounded more than expected, helping to ease Friday’s downside momentum.
The Dow Jones Industrial Average is in a selloff Friday morning with shares of Visa and Sherwin-Williams Co. seeing the biggest losses for the index. The Dow was most recently trading 678 points lower (-1.
Stocks fell sharply early Friday after Israel launched a wave of airstrikes on Iran, escalating geopolitical tensions.
Wholesale data showed milder inflationary pressures while Trump renewed his threat to impose "take it or leave it" tariffs on trading partners.
Market downturn came hours after Trump said his administration intends to send letters to US trade partners to formally establish new tariff terms.
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The Dow Jones Industrial Average was flat ahead of Wednesday's final hour of trading as traders weighed a mix of unexpectedly mild inflation data for May and details of [the framework](
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