IllustrativeStock market today: Dow, S&P 500, Nasdaq retreat from records as hopes fade for quick US-Iran deal fades
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The stock market has retreated from record levels, with the Dow, S&P 500, and Nasdaq declining. This downturn appears to be linked to fading hopes for a quick deal between the US and Iran. The market's retreat suggests that investors are losing optimism about a swift resolution to the situation.