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Update: US Equity Indexes Drop as Chipmakers Head for Bear Market, Crude Oil Surges After Iran Expands Attack in Middle East | ZivFin News | ZivFin

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Update: US Equity Indexes Drop as Chipmakers Head for Bear Market, Crude Oil Surges After Iran Expands Attack in Middle East

Yahoo2026.07.17Source: Yahoo

(Updates with index/price moves, macroeconomic data and company/geopolitical news from the first par

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Nvidia is close to losing its place as the world’s largest company by market valuation. The stock movement Friday put the company on the brink of having a market capitalization below that of Apple The iPhone maker surpassed Nvidia in early trading, according to Dow Jones Market Data. At Friday’s close, Nvidia has a market value of $4.91 trillion, while Apple has a market cap of about $4.9 trillion, according to Dow Jones Market Data.