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U.S. and Iran trade fire in Strait of Hormuz; each claims other shot first CNBCUS forces strike military facilities in Iran as countries exchange fire CNNU.S. launches strikes on Iran after attacks on warships, military says The Washington PostUS and Iran explore short-term deal to end fighting Reuters
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Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S. and Iran exchanged fire in the Persian Gulf, and after a federal court struck down President Donald Trump's backup tariff plan.
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The Court of International Trade has struck down a second round of global tariffs ordered by President Trump, after his earlier import taxes were outlawed by the U.S. Supreme Court. The decision is a victory for importers and a setback for the administration.
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Stock Market Today: Dow falls back below 50,000, S&P 500 and Nasdaq slip after hitting record highs; investors watch oil prices in hopes of end to Iran war MarketWatchS&P 500 pulls back from record as investors eye oil prices and Iran deal developments: Live updates CNBCStocks fall from their records as oil prices yo-yo Los Angeles TimesU.S. stocks mostly lower as traders await Iran's response to latest peace proposal Investing.com
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Live Updates: U.S. launches "self-defense strikes" on Iran, says warships came under fire in Strait of Hormuz CBS NewsLive updates: US military strikes Iranian sites but says it does ‘not seek escalation' CNNU.S. and Iran trade fire in Strait of Hormuz; each claims other shot first CNBCUS military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz AP News
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For years now, Wall Street pundits have been talking about the "AI trade." But exactly what they're referring to isn't always clear.
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