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S&P 500 Drops for Second Day as Tech Slides

Abu dhabi: Major US stock indices closed lower on Tuesday, weighed down by technology sell-offs and rising oil prices amid persistent geopolitical uncertainty surrounding the Strait of Hormuz.

According to Emirates News Agency, the S and P 500 fell …

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Oil Prices Increase as Brent and WTI Futures Climb

Abu dhabi: Oil prices rose on Wednesday morning: with Brent futures gaining 72 cents, or 0.81 percent, to $89.63 a barrel by 0053 GMT. US West Texas Intermediate (WTI) crude climbed 71 cents, or 0.85 percent, to $83.91.

According to Emirates News Ag…

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