Dow, Nasdaq Drop Triple Digits Amid Tech Pullback
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U.S. stock markets, including the Dow and Nasdaq, experienced significant declines due to a pullback in tech stocks, with Nvidia dropping 1.2%. This downturn has hindered hopes for a Santa Claus rally. Commodity prices also fell, with silver and gold retreating after recent highs. Oil prices rose amid geopolitical tensions, while silver briefly reached a record price before dropping sharply. Overall, the market faced pressure from profit-taking as the year-end approaches.
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