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US Stocks Plummet Ahead of Fed Decision
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US stocks tumbled on Wednesday, with the Dow Jones Industrial Average falling 900 points, as rising oil prices and renewed Middle East tensions weighed on investor sentiment ahead of the Federal Reserve's policy decision.
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US Stocks Plummet Ahead of Fed Decision
The Dow dropped 1.6%, while the S&P 500 lost 1.1% and the Nasdaq Composite declined 1.3%. Oil prices climbed after President Donald Trump said the US would respond forcefully to attacks linked to Iran. The Federal Reserve is set to make a decision on interest rates later today, which could further impact the markets.
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