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Oil, gold jump, stocks sink as Israel pummels Iran
Investors flocked to safer assets, including gold and out of U.S. stocks, after Israel launched attacks against Iran’s nuclear sites.
All three of the major U.S. averages fell Friday, erasing weekly gains, with the Dow Jones Industrial Average down 769 points, or 1.8%, while the Nasdaq Composite and S&P 500 lost over 1% apiece.
Selling accelerated late afternoon on reports Iran retaliated, launching ballistic missiles at Israel, according to Fox News....