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Story summary
- The Standard & Poor's 500 Index (S&P 500) hovered around 6,818 as investors weigh rising geopolitical risks in the Middle East.
- The Dow Jones fell about 220 points after Goldman Sachs Group Inc. shares slid 3% on disappointing trading results.
- Oil prices rose above $101 per barrel after the U.S. naval blockade of Iranian ports, signaling potential supply disruptions.
- Diplomatic efforts may curb panic selling.
