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Wall Street closes lower as hopes for US-Iran peace fade

Reuters ·

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  1. 1Wall Street closed lower on Tuesday as pessimism spread over a Middle East stability deal
  2. 2Amazon (AMZN) fell 2.1% and Alphabet (GOOG) dropped 3.8%, weighing on the S&P 500 and Nasdaq
  3. 3The backdrop was heightened uncertainty over crude oil after Iranian remarks that the Strait of Hormuz would remain closed

This 3-line summary is compiled from the report below.

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