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Stocks Fall as US-Iran Jitters Spur Rally in Oil | Closing Bell
Posted
July 9, 2026
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10:14Now PlayingComprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Bailey Lipschultz.
A flare-up in geopolitical risks sent stocks and bonds lower as oil jumped after President Donald Trump said a ceasefire with Iran may be over, raising concerns about a potential return to all-out war.
Almost 400 shares in the S&P 500 fell, but the index pared losses as Trump noted he doesn’t think the conflict will start again. Chipmakers climbed. The renewed hostilities in the Persian Gulf threatened a fresh wave of disruption for energy trading, with Brent crude briefly topping $80. That has reignited inflation worries, prompting money markets to boost their bets the Federal Reserve will lift interest rates by October. Bitcoin sank.
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