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S&P 500 Falls Amid Oil Spike as Middle East Conflict Intensifies

Bloomberg Markets Monday 31 August 2026, 14:27 UTC By Jessica Menton 1 min read
Key Points

US stocks slumped on Monday, led by declines in interest-rate sensitive utilities shares while gains in energy companies offset losses elsewhere, after the US and Iran exchanged strikes for the first time in about a month.

US stocks slumped on Monday, led by declines in interest-rate sensitive utilities shares while gains in energy companies offset losses elsewhere, after the US and Iran exchanged strikes for the first time in about a month.
US (LOCATION) Iran (LOCATION)
Originally published by Bloomberg Markets Read original →

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