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[MARKET UPDATE]: After reports Iran tells Houthis to close Red Sea gateway if US hits power network saw broad-based risk off trade; downside in equities, Treasuries, and spot gold, with upside in the dollar and oil

StockNow breaking-news AI analysis

Markets triggered a risk-off trade as Iran threatened a Red Sea blockade. Equities and gold fell while oil and the dollar rose amid escalating US-Iran military tensions and supply fears.

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