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<US> Trump Issues Ultimatum to Iran, Nasdaq Leads Decline by 1% as Meta Falls 3%
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US President Donald Trump warned Iran to take the ceasefire agreement seriously, leading to another rise in oil prices and a weakening of US stocks on Thursday. The DJIA opened 84 points or 0.2% lower at 46,344 points, showing mixed performance in early trading. The Nasdaq opened 236 points or 1.1% lower at 21,693 points, while the S&P 500 opened 36 points or 0.6% lower at 6,555 points. In Los Angeles, a ruling found Meta (META.US) and YouTube liable in a social media addiction case, requiring compensation. Meta fell over 3%, and Alphabet (GOOG.US) dropped over 1%. Major tech stocks were generally weak, with Micron (MU.US) down 4%, and NVIDIA (NVDA.US) and Amazon (AMZN.US) declining over 1%. Microsoft (MSFT.US) and Apple (AAPL.US) remained stable. Social platform Snapchat faced an EU investigation, causing its parent company Snap (SNAP.US) to fall about 1%. (sw/t) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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