Stocks Drop on Fading Iran Deal Hopes, Nvidia Sinks
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- Dow, S&P 500, and Nasdaq all slipped as oil prices climbed on Middle East tensions and optimism for a US-Iran deal dimmed, per Yahoo Finance and WSJ headlines.
- Nvidia sank alongside the broader market selloff, highlighted as a standout decliner across all three outlets' headlines despite no company-specific catalyst mentioned.
Why it matters: The classic risk-off pattern played out — rising oil and falling equities — as investors who had positioned for a US-Iran deal breakthrough saw those bets unwind, dragging the Dow, S&P 500, and Nasdaq lower simultaneously. Nvidia's notable decline shows mega-cap tech wasn't immune to the macro shock despite no company-specific news driving it.
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