Pakistan, March 14 -- Global financial market declined on Friday as escalating tensions linked to the Iran war pushed oil prices above $100 per barrel, raising concerns about inflation and future interest rate decisions.
All three major US stock indexes ended the day and the week in negative territory. The Dow Jones Industrial Average slipped 0.25%, while the S&P 500 dropped 0.6% and the Nasdaq Composite lost 0.9%. European markets also came under pressure, with the STOXX Europe 600 declining 0.5% and a global equity gauge from MSCI falling 0.9%.
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The US dollar strengthened during the market turmoil, rising for a second consecutive week as investors sought safer assets. Th...
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