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Stock Market Today: Dow Lower As Oil Spikes On Hormuz Conflict; Memory ETF In Bear Market (Live Coverage)
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The Dow Jones Industrial Average and other major stock indexes fell Monday, with oil prices soaring on strikes in the Strait of Hormuz that prompted President Donald Trump to say the U.S. will reinstate a blockade of Iran. On the stock market today, memory-chip maker SK Hynix plunged, and an exchange traded fund dedicated to memory producers traded in a bear market.