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Kiplinger
Kiplinger
Business
David Dittman

Dow Falls 577 Points After Hormuz Ceasefire Fails: Stock Market Today

Stock Market EP Apple Donald Trump Greg Abel Kevin Warsh United States Berkshire Broadcom CVX
Commercial oil tanker docked in Mutrah, Oman with red chart overlay representing fluctuating oil prices, market instability and geopolitical risk.

Investors, traders and speculators faced fresh headwinds from Asia on Wednesday. President Donald Trump said the U.S. is "probably" going to launch additional attacks on Iran to retaliate for Islamic Revolutionary Guard strikes on three commercial tankers as they transited the Strait of Hormuz on Tuesday.

"I'll give them a little warning," Trump said from the sidelines of the NATO summit in Ankara, Turkey. "We're going to hit them hard tonight, but we'll see how it all works out."

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