Oil Prices Rise, Stocks Fluctuate Amid Iran War

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US stocks fell on Thursday from their record highs. People hoped for a deal to end the war in Iran.

Oil prices moved up and down very sharply. Ending the war could open an important shipping strait.

The S&P 500 index fell 0.4 percent. The Dow Jones also dropped 313 points.

Many US companies reported better profits than expected. These strong earnings helped to support the stock market.

Some companies, like Whirlpool, had weaker financial results. Bond prices moved, and economic news was also mixed.

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What happened to US stocks on Thursday?

US stocks fell from their record highs.

What did people hope for regarding the war in Iran?

People hoped for a deal to end the war in Iran.

How did the S&P 500 index perform?

The S&P 500 index fell 0.4 percent.

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