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Dow, S&P 500 Drop as Oil Prices Rise

Global Markets in Free Fall as Oil Prices Soar and Earnings Reports Fail to Impress The latest stock market volatility is a stark reminder that no sector is immune to the global economic downturn.

The Dow Jones, S&P 500, and Nasdaq Composite all declined yesterday, with investors growing increasingly uneasy about the outlook for tech giants Alphabet and Tesla.

Alphabet's quarterly earnings report was solid on paper, but its decision to significantly increase capital expenditures spooked investors, sending Google stock plummeting after hours.

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