Stock Market Today, July 8: Stocks Slide and Dow Drops 1.5% as Middle East Tensions Spike

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At midday, the S&P 500 (SNPINDEX:^GSPC) fell 0.91% to 7,435.81, the Nasdaq Composite (NASDAQINDEX:^IXIC) declined 0.92% to 25,584.75, and the Dow Jones Industrial Average (DJINDICES:^DJI) lost 1.51% …