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Market Plunges: Worst Day Since War Amid Trump's 'Iran Begging' Claim
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Stocks Plunge Most Since War Began Amid Iran Tensions, Trump's Mixed Signals
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Firstpost
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27-03-2026, 07:29
Stocks Plunge Most Since War Began Amid Iran Tensions, Trump's Mixed Signals
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US equities suffered their sharpest decline since the Iran conflict erupted, with a 1.7% slide on Thursday.
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Donald Trump claimed Iran was "begging" for a deal, but markets remained skeptical, leading to a selloff.
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Tech-heavy Nasdaq Composite fell over 2%, entering a correction; S&P 500 and Dow Jones also saw significant losses.
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Investor anxiety intensified due to Washington's oscillating messaging between escalation and diplomacy.
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Oil prices and bond yields climbed, signaling stagflation risks, while tech stocks faced pressure and Fed rate cut expectations shifted.
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