Stocks fall as oil tops $100 amid escalating US-Iran war
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NEW YORK — Stocks fell on Wall Street Wednesday as the price of crude oil rose above $100 a barrel amid further escalation in the U.S. war with Iran. The S&P 500 index fell 0.3 percent. The Dow Jones Industrial Average fell 407 points, or 0.8 percent, as of 9:52 a.m. Eastern time. The Nasdaq composite fell 0.4 percent. The losses were broad, with retailers among the companies leading the market lower. Amazon fell 1.9 percent and Starbucks fell 1.5 percent. Nearly every sector within the benchmar
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