Stocks sink, oil prices rise after President Trump’s Iran war speech

The stock market opened with losses Thursday morning and oil prices shot higher in the wake of President Trump’s speech on the Iran war.

The Dow Jones Industrial Average was down roughly 600 points after the Thursday opening bell, falling 1.3 percent on the morning. The S&P 500 index was also down 1.3 percent and the Nasdaq composite was down 1.7 percent.

Oil prices were also up sharply, with the price of barrel of U.S. crude rising more than $12 to $113, an increase of 13 percent. Brent crude, the international baseline, was up more than $8 to reach $109 per........

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