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Dow Jones Industrial Average dropped roughly 165 points (0.
President Trump set an 8 PM ET deadline tied to the Strait of Hormuz crisis.
KEY POINTS
- US crude oil surged to $113.82 per barrel, far above pre-war levels near $70.
- Healthcare stocks rallied after a 2.48% Medicare rate hike approval for 2027.
- Universal Music Group shares jumped 11.4% after Bill Ackman proposed a takeover bid.
COMPANIES
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